http://www.josephkershenbaum.com/2008/07/31/auction-rate-securities-and-how-the-failure-of-one-market-can-snowball-into-other-markets/ Tue, 06 Jan 2009 23:57:43 +0000 http://wordpress.org/?v=2.5.1 http://www.josephkershenbaum.com/2008/07/31/auction-rate-securities-and-how-the-failure-of-one-market-can-snowball-into-other-markets/#comment-24 Securities » SEC Issues New "ComplianceAlert" Fri, 01 Aug 2008 03:23:48 +0000 http://www.josephkershenbaum.com/?p=64#comment-24 [...] Auction Rate Securities and How the Failure of One Market Can …The inability to properly value such securities led to problems because they need to be properly valued on a company’s balance sheet for financial reporting. Additionally, when that cash was needed, reselling the ARS at what was their … [...] [...] Auction Rate Securities and How the Failure of One Market Can …The inability to properly value such securities led to problems because they need to be properly valued on a company’s balance sheet for financial reporting. Additionally, when that cash was needed, reselling the ARS at what was their … [...]

]]> http://www.josephkershenbaum.com/2008/07/31/auction-rate-securities-and-how-the-failure-of-one-market-can-snowball-into-other-markets/#comment-19 » Auction Rate Securities and How the Failure of One Market Can Snowball Into Other Markets Thu, 31 Jul 2008 18:15:27 +0000 http://www.josephkershenbaum.com/?p=64#comment-19 [...] सरà¤?ाà&curren... wrote an interesting post today onHere’s a quick excerpt How can a failure in one market snowball and create failures in others?  Here’s a simplified example, in the case of auction rate securities (ARS). Much has been written this year about the sudden illiquidity of the ARS market.  ARS are a product often used by companies to invest their excess cash.  The inability to properly value such securities led to problems because they need to be properly valued on a company’s balance sheet for financial reporting.  Additionally, when that cash was neede [...] [...] सरà¤?ाà&curren… wrote an interesting post today onHere’s a quick excerpt How can a failure in one market snowball and create failures in others?  Here’s a simplified example, in the case of auction rate securities (ARS). Much has been written this year about the sudden illiquidity of the ARS market.  ARS are a product often used by companies to invest their excess cash.  The inability to properly value such securities led to problems because they need to be properly valued on a company’s balance sheet for financial reporting.  Additionally, when that cash was neede [...]

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