Also, investment banks are still delevering and
taking writeoffs.
If the restatement is moderate, such that it would wipe out a year of earnings or so,
take some writeoffs quarter by quarter, until the hole is filled.
Not exact matches
The flop of the Surface RT led Microsoft to
take a $ 900 million
writeoff.
This reaction to big bonuses in firms that are
taking huge
writeoffs, losing big money and requiring massive government bailouts was predictable.
Businesses
take inventory
writeoffs as an operating expense, not a capital loss.
The banks have
writeoffs to
take which the CMBS market is already anticipating.