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Bank Balances Shift With Rule Changes: After One Tweak Improved the Books, Another Could Erase Gains and More

Date: August 5, 2009
Author: Binyamin Appelbaum
QUOTE: A controversial change in accounting rules earlier this year has allowed banks to claim billions of dollars in additional earnings simply by tweaking their bookkeeping, greatly enhancing the appearance that the industry is returning to health.

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