February 18, 2009
Study Reports Companies Did Not Write Down ARS
Nearly 30% of public companies holding auction rate securities are reporting them at full par value, according to a study conducted by researchers at Pluris Valuation Advisers and Villanova University, and many companies that did write them down did not do so to the full extent of their impairment. CFO.com, Study: Many Companies Fail to Write Down ARS Losses.
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