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Paul T Maurer - Music, Life and Miscellanea

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Goldman's Illiquid Assets Increase - WSJ.com

Goldman's Illiquid Assets Increase - WSJ.com: "The increases are a sign that more firms are seeing illiquid assets pile up on their books amid the subprime mortgage meltdown. Level 3 assets are holdings that are so illiquid or trade so infrequently that they have no reliable price, so their valuations are based on management's best guess."
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Paul

Posted 17 years ago
April 9, 2008 at 11:49 AM

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  • economy