Articles About Oriental Financial

New accounting standards calling for property to be marked to market,  and changes in lease accounting rules will strongly impact balance sheets, income statements and the general financial outlook of American companies. Unfortunately, many corporations are not ready to deal with the changes, according to a new report from CB Richard Ellis.  The mark-to-market requirement […]

With the current upheaval in the capital markets and the news that Citigroup, Merrill Lynch and Morgan Stanley have written off $70 billion in loans, it is interesting to note a whole cadre of financial institutions that are doing gangbusters.  According to an article in the 2/19/08 USA Today, smaller banks which avoided the enticement […]