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  3. 1) why didn't financial institutions' financial st

1) Why didn't financial institutions' financial statements communicate the full extent of their losses? 2)...

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Accounting

1) Why didn't financial institutions' financial statements communicate the full extent of their losses?

2) What are the disclosure requirements for related party transactions? How can properly disclosed related party transactions influence a reasonable investor?

Case:

http://www.nytimes.com/1985/03/08/business/esm-collapse-a-lesson-in-safety.html

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