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Emma Slack-Jorgensen
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NYS Declares Stimulus Payments Off-Limits to Debt Collectors, Treasury Mulls Telling Banks the Same Thing
The Trusted Professional
New York Attorney General Letitia James says the guidance “As the coronavirus crisis continues to wreak havoc on our…
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CLOs Threatening to Break, as Credit Downgrades Continue
NextGen
The $600 billion market for collateralized loan obligations (CLOs) is threatening to come apart, as the risky loans that…
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Anger Mounts Over PPP Small Business Loan Rollout, as Negotiations Continue for Next Round
The Trusted Professional
now out of money CARES Act Bloomberg Ruth's Chris Steakhouse, a number of hedge funds CNN Business Bloomberg had set aside…
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GASB Proposes Pushing Back Nearly All Effective Dates
The Trusted Professional
The Governmental Accounting Standards Board * Statement No. 83, Certain Asset Retirement Obligations * Statement No. 84,…
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Gov. Cuomo Extends Lockdown Until at Least May 15
The Trusted Professional
New York Gov. Andrew Cuomo said he will be extending the state's general shutdown of nonessential businesses until at least…
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PCAOB Wants to Know How Critical Audit Matters Rule Has Been Going So Far
The Trusted Professional
The Public Company Accounting Oversight Board requesting comments The Auditor’s Report on an Audit of Financial Statements…
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Stocks Jump on Hopes of New Treatment
The Trusted Professional
Stocks continued their rally today as markets reacted to recent news that an effective treatment for COVID-19 might be on the…
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J.C. Penney Will Skip $12 Million in Bond Payments, Indicating Stress in Debt Market.
The Trusted Professional
Retailer J.C. Penney said that it will skip some $12 million worth of bond payments because it's trying to stay alive,…
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$1,200 Stimulus Payouts Marred by Glitches, Delays
NextGen
This article was updated on April 20, 2020. The Washington Post MarketWatch USA Today the New York Times private debt…
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