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"Most people focus on what happened off balance sheet at Enron," Mr. Thiagarajan said.
These websites often exclude off balance sheet expenditures.
"Off-balance-sheet vehicles should only be off balance sheet if their risks cannot come back, even during a crisis," she wrote in a comment letter.
How could they possibly have up-to-date balance sheet and off balance sheet numbers?
Under normal circumstances, off balance sheet entities are legitimate tools that can protect investors.
Introduction | Accelerating Revenue | Delaying Expenses | Accelerating Expenses | Off Balance Sheet Accounting.
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Off-balance sheet financing.
"There has also been too much off-balance sheet activity".
It would also reduce Lehman's "moral obligation" to support its off-balance sheet vehicles, he wrote.
Banks are still running large off-balance sheet vehicles.
So, why did banks set up such off-balance sheet vehicles to begin with?
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