Fed's Greenspan Hits Out At Proposed FASB Regulations


ALAN Greenspan, chairman of the US Federal Reserve Bank has issued an open letter to Edmund Jenkins, chairman of the US's Financial Accounting Standards Board, criticizing FASB for lack of consultation over its proposed new accounting standards for derivatives.

Greenspan's move follows similar criticism from the heads of 22 major banks and corporations, who have also written to Jenkins attacking the FASB derivatives accounting proposal.

The joint letter's signatories include chairmen and chief

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here