U.S. bank accounting rule has big earnings impact
(Reuters) -- A $1.9 billion accounting gain by Citigroup, more than half of the $3.8 billion net income it reported for the third-quarter, highlights a controversial accounting rule that analysts say is adding volatility to many large banks' reported earnings.
Nanette Byrnes
Mon Oct 17, 2011 6:07pm EDT
link-
http://www.reuters.com/article/2011/10/17/us-usa-tax-bank-accounting-idUSTRE79G70U20111017