Thursday, July 10, 2008

Goldman Sachs withdraws from IIF after fair value criticism

(LONDON) Goldman Sachs Group Inc said on Wednesday it had withdrawn from the leading international banking lobby Institute for International Finance (IIF), which it earlier criticised over its plans to change fair value accounting rules.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,287276,00.html?

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