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Derivates Revisited
Oleh:
McCarthy, Ed
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 189 no. 5 (2000)
,
page 35-44.
Topik:
MANAGEMENT
;
derivates
;
revisited
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.10
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Derivatives debacles have provided some of the past decade’s most devastating financial headlines. Names such as Long Term Capital Management, Orange County and Baring Brothers bring to mind situations where derivatives failed - often miserably (see exhibit 1, below, for details). Several losses were enormous - an estimated $2 billion for Orange County and $4 billion for Long Term Capital. Other incidents resulted in highly publicized lawsuits between derivatives buyers and sellers, such as Procter & Gamble’s lengthy dispute with Bankers Trust.
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