Over 50 DBSI Chapter 11 Cases Converted to Chapter 7

On Monday, DBSI, Inc. filed a notice identifying over 50 of its affiliates whose chapter 11 bankruptcy cases have been converted to chapter 7 liquidations. Each of the companies was a "special purpose master leaseco" entity and was established for the purpose of entering into a masterlease agreement with tenant-in-common investors.

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MBAF discusses new SPE rules

Frank Gonzalez speaks to Media Markets Online about the new accounting rule changes for special-purpose entities.

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JEREMY SHUM submission to IASB/ED10 Consolidated Financial's

This is the submission to the International Accounting Standards Board's new Exposure Draft (ED10) in relation to Consolidated Financial Statements, drafted by Jeremy Shum. Since the Special Purpose Entity (“SPE”) concept was one of the tools used by Enron to hide losses and fabricate earnings which eventually led to its collapse.

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Will Democrats blow it in Ohio?

There are no post-dated stock options, no Enron-style "special purpose entities", no offshore tax shelters. Just a boss hitting on underlings, binge drinking, leering, a car crash or two and an obstinate pol whose office seems intent on minimizing or covering up what happened.

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