Re:SVB collapse: Peter Thiel’s role scrutinized as spark of ...
by dragontamer on Monday March 13, 2023 @06:19PM
(#35143838)
Be that what it may, declaring some bonds to be "held to maturity" is common practice in banking.
However, for _these_ bonds, and so much of it, to be declared "held to maturity" is a mistake. There's always wiggleroom in how accountants add up the numbers. They messed up on this part.
However, for _these_ bonds, and so much of it, to be declared "held to maturity" is a mistake. There's always wiggleroom in how accountants add up the numbers. They messed up on this part.