Technology has enhanced this phenomenon through new engineering, capacity for globalized trade, speed and extent of financial transaction, worldwide communications, and much more.
This involves understanding ongoing changes in the ways in which individuals, groups and organizations relate to one another and the full extent of downstream transaction costs [ 43].
The internal investigators are having difficulty fully understanding the extent of the transactions, these people said.
"Investors look to high quality disclosures to reassure themselves about the nature and extent of such transactions.
Mr. Zakheim said the department did not have an estimate on the extent of illegal transactions with purchase cards, but he told reporters that 90 people were under investigation for possible credit card fraud.
Colorable claims exist against the senior officers who were responsible for balance sheet management and financial disclosure, who signed and certified Lehman's financial statements and who failed to disclose Lehman's use and extent of Repo 105 transactions to manage its balance sheet.
Maurice R. Greenberg, the former chief executive of American International Group, clashed with a New York State prosecutor on Wednesday over the extent of his role in a transaction at the center of his civil accounting fraud trial.
The article also overstated the extent of the company's promotion of that kind of transaction.
Year of judgment Reprints Related items Commercial property: That sinking feelingAug 21st 2008Dramatic as these numbers are, they may underestimate the full extent of the decline, because so few transactions are taking place.
