Rift Over Rules to Put U.S. Banks at a Loss
BY MICHAEL RAPOPORT
The Wall Street Journal Europe
01 Mar 2013
How bad is a bad bank loan? Accounting regulators in the U. S. and Europe disagree, and their rift could lead to tens of billions of dollars being carved off U. S. lenders’ current profits. American and global rule makers have separate proposals in…read more…
