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Thursday, August 02, 2007

LEND Reports: Going Concern Problem

by Tanta on 8/02/2007 10:02:00 AM

From Reuters:

In its delayed 2006 annual report filed with the U.S. Securities and Exchange Commission, Accredited said that because of adverse conditions in the subprime mortgage industry, it could not give assurance that it would continue to operate as a "going concern."