Write off

RECENT NEWS
The Economic Times  6 hrs ago  Comment 
The figures are alarming when compared against the net recovery of these government entities and the fact that a part of these write-offs included one-time settlements.
StreetInsider.com  Nov 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Mosaic+Company+%28MOS%29+Announces+Phosphoric+Acid+Closure+and+Write-Off+as+Well+as+Business+Model+Realignment/5144350.html for the full story.
Wall Street Journal  Nov 30  Comment 
The high levels of write-offs and other revaluations of sterling and foreign-currency loans by U.K. banks and building societies underscore the continuing challenges faced by financial institutions and the disincentives to extend more credit.
New York Times  Nov 27  Comment 
Several of the world’s largest banks funneled loans to Bank Turalem of Kazakhstan, but many of these loans have failed, forcing steep write-offs.
MarketWatch  Nov 16  Comment 
American Express Co. Monday said the net write-off rate in its U.S. managed credit card business fell to 7.8% at the end of October from 8.4% the prior month. Total loans that are at least 30 days past due held steady at 4.1%, according to a...
Reuters  Nov 12  Comment 
* Revenue up 12 percent at 359 mln dirhams (Adds comments by CFO, analyst; more details)
Upstream Online  Nov 12  Comment 
Business Standard  Nov 5  Comment 
Central bank unlikely to allow inclusion of write-offs in loan-loss coverage calculation.
Business Standard  Oct 28  Comment 
Seek inclusion of write-offs; RBI says no to deadline extension.
THE PRAGMATIC CAPITALIST  Oct 23  Comment 
Is the market overvalued? Comstock Partners thinks so:
Bloomberg  Oct 22  Comment 
U.S. credit-card defaults fell in September from a record high as five of the nation’s six biggest card lenders posted monthly declines, according to Moody’s Investors Service.
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