Poor disclosure still leads to nasty surprises for shareholders.
There were very low down payments, loans that never verified the borrower's income, poor disclosure and huge payment shocks.
These kinds of cards – which are meant for people with no credit history, or poor credit history – have drawn criticism for sky-high fees and poor disclosure.
It is a prepaid debit card, and companies that offer similar cards have drawn criticism for sky-high fees and poor disclosure.
Andrew Logan, the director of Ceres's insurance program, said Wednesday that the insurance industry "is distinguished by poor disclosure on this issue".
A common refrain from the financial crisis is that poor disclosure was a big contributor, if not the cause, of the financial crisis.
In addition, they've taken steps to more evenly offset the repo loans they borrow with the repo loans they make to other firms, even if poor disclosure makes it difficult for outsiders to discern.
(The big state-owned ones have largely ignored the Big Board since a listing in 2003 by China Life, an insurance firm, was met by a barrage of American lawsuits, partly because of poor disclosure).
Although pension liabilities increased by approximately 28.1%, their results reveal poor disclosure quality in firms in which pension liabilities are not of great importance.
China still needs to make progress wrestling with issues as vast as corruption, poor disclosure, shady accounting and a government that exerts tremendous control over how business gets done before investors can plunk down capital with the same confidence as in, say, Germany.
