SEC and Corporate Audits: Failure of ESM Government SecuritiesU.S. Government Printing Office, 1985 - Auditors |
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Page 4
... involved in these conflicts of inter- est . Why is he charged by Mr. Tew as the architect and investigat- ed currently by the SEC . Why has the Federal Home Loan Bank Board said he had prior notice of the ESM's insolvent condition when ...
... involved in these conflicts of inter- est . Why is he charged by Mr. Tew as the architect and investigat- ed currently by the SEC . Why has the Federal Home Loan Bank Board said he had prior notice of the ESM's insolvent condition when ...
Page 13
... involved in the ESM is important to this committee . American Savings and Loan is a very fine , long - term , established institution in south Florida . It was founded and has been moni- tored by the broad family as an excellent ...
... involved in the ESM is important to this committee . American Savings and Loan is a very fine , long - term , established institution in south Florida . It was founded and has been moni- tored by the broad family as an excellent ...
Page 17
... involved in the take - over and oper- ation of a major savings institution ? Mr. TEw . I thought that is what the change of control applica- tions did . Mr. WYDEN . Do you believe the Bank Board would have had suf- ficient reason to ...
... involved in the take - over and oper- ation of a major savings institution ? Mr. TEw . I thought that is what the change of control applica- tions did . Mr. WYDEN . Do you believe the Bank Board would have had suf- ficient reason to ...
Page 21
... involved in these as you pointed out in the char- ter . The point I want to focus on very narrowly here now is the claim by Mr. Warner , that he was , I believe , in his own word , a victim of massive fraud . Was he not truly the ...
... involved in these as you pointed out in the char- ter . The point I want to focus on very narrowly here now is the claim by Mr. Warner , that he was , I believe , in his own word , a victim of massive fraud . Was he not truly the ...
Page 22
... involved . There were direct trades with ESM and yet Home State , American and others con- stantly tried to tell their auditors , don't worry about ESM's finan- cial condition , they are not the party that is obligated to us . When in ...
... involved . There were direct trades with ESM and yet Home State , American and others con- stantly tried to tell their auditors , don't worry about ESM's finan- cial condition , they are not the party that is obligated to us . When in ...
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Common terms and phrases
accepted accounting principles accounting principles acquired acquisition agency agreement American Savings approval arbitrage assets and liabilities audit basis Beverly Hills Savings BLACK BRILOFF business combination Certificates Chairman Gray CHRISTY committee confidential conflict of interest Counsel DINGELL Director documents equity Ewton examination reports Exchange Act fair value FASB Federal Home Loan Federal Savings FHLBB filed financial statements firm FSLIC funds GAAP going goodwill Government Securities hearing Home Loan Bank insured institutions intangible assets involved Kamp letter liquidation Loan Association Loan Bank Board Loan Insurance Corporation LUKEN matters million Mostek net worth NEUBERGER Office Ohio percent principal problems purchase question Raiden Receiver/Trustee record recusal regulations regulatory repo repurchase repurchase agreements request response reverse repo Savings and Loan Shepard Broad SIKORSKI staff Supervisory Agent Task Force Thomas Tew tion transaction voting trust Warner Washington worth WYDEN ZIMMERMAN
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Page 643 - Commerce US House of Representatives Room 2125, Rayburn House Office Building Washington, DC 20515 Dear Mr.
Page 357 - Financial reporting should provide information that is useful to present and potential investors and creditors and other users in making rational investment, credit, and similar decisions.