Writing about home mortgages issued between 2006-08 in his 2019 memoir What It Takes, Blackstone Group co-founder Stephen Schwarzman recalled that something north of 90% of them ultimately performed.
Investment word of the day: Mark to market is a financial metric that calculates the true value of a company's assets and liabilities, which fluctuates over time. One of the major objectives of mark ...
BOCA RATON, June 3 (Reuters) - The private equity industry is going to be hit by volatility in accounting for their assets, as newly adopted rules force them to mark down the value of their portfolios ...
WASHINGTON (Reuters) - U.S. auditors can view the mark-to-market accounting guidance approved on Thursday as the extra assurance they need to let banks paint a more rosy picture of their financial ...