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foreign currency gains and lossesresultingfrom certain balance sheet transactions
decisions to cut corners on approving mortgages to earn greater origination fees ( and the resulting waves of loan losses and foreclosures ) , or the decisions taken at Enronto createoff - balance - sheet transactions
traditional banking servicesresultin off - balance sheet transactions
tryingto createoff - balance - sheet transactions
former chief financial officer Andrew Fastow(passive) created bythe off - balance - sheet transactions
both Citigroup ( C(passive) created byOff - balance sheet transactions
However , since an entity performs several transactions within a period , it is difficult and impracticalto createa balance sheet after every transaction
all the necessary adjusting entries requiredto createa post - transaction balance sheet
hedge funds ... had yetto inventoff balance sheet transactions
to hide debtdesignedto hide debt
in contingent future cash flowsresultin contingent future cash flows
timeline requirements for financial reportingalso setstimeline requirements for financial reporting
to structuring enrondesignedto structuring enron
up special purpose entities to shelter losses ( much like Enronsetup special purpose entities to shelter losses ( much like Enron
to the crisisledto the crisis
to Enron 's implosionledto Enron 's implosion
to a $ 1.2 billion reduction of shareholder equity and contributed to a $ 1 billion charge on October 16ledto a $ 1.2 billion reduction of shareholder equity and contributed to a $ 1 billion charge on October 16
to that and to $ 1 billion in chargeshad contributedto that and to $ 1 billion in charges