One of the issues in Enron's case is its accounting for hedging transactions involving limited partnerships set up by its then-chief financial officer.
12.
The fourth quarter saw such views justified, with the physical market being unable to absorb the resulting quantities of gold emanating from official, disinvestment and hedging transactions,
13.
While the company has not been accused of such trades publicly, details of the hedging transactions released Monday have some of the same characteristics as wash trades.
14.
However, Gentz noted that accounting for currency hedging transactions actually resulted in a 100 million marks ( dlrs 58.1 million ) drop in net income last year.
15.
Andersen approved hedging transactions _ deals designed to offset the risk of a particular investment _ which didn't truly reduce risk but were merely used to circumvent accounting rules.
16.
However, Gentz noted that accounting for currency hedging transactions actually resulted in a 100 million marks ( dlrs 58 . 1 million ) drop in net income last year.
17.
In response to the findings of OFHEO, the company's board decided in September to increase its capital and change the way it accounts for deferring some expenses and hedging transactions.
18.
He's also charged along with Fastow with creating a special-purpose entity called Talon, which engaged in improper hedging transactions with Enron, enabling Enron to substantially improve its reported financial results.
19.
Perry's filing about its investment in Mylan said it had entered into several hedging transactions with Bear Stearns and Goldman Sachs to borrow shares, but did not spell out the exact hedging technique.
20.
There are many reasons for this-historical low volatility in currency, lack of working knowledge insophisticated hedging instruments, wide publicity on losses suffered bycompanies engaged in exotic hedging transactions, and no in-depth marketfor hedging.
