More detail related to the GAAP guidance and the Restatement is available in a Current Report on Form 8-K that the company is filing with the U.S. Securities and Exchange Commission (the “SEC”).The above statements regarding the expected impact and amounts of the Restatement and the anticipated timing of SEC filings constitute forward-looking statements that are based on the Company’s current expectations. The actual impact and amounts and the detailed presentation of the Restatement will be included in the Company’s upcoming filings after it has completed its work on the Restatement and Deloitte has completed its audit of the Company’s consolidated financial statements for the year ended December 31, 2011. There can be no assurance that the final impact and the amounts of the Restatement will not differ materially from estimates that are described in this release or in the Current Report on Form 8-K or that any other information set forth herein will not change materially before we file our restated consolidated financial statements. The Company specifically notes that it is still evaluating its projection of cash flows for OTTI and income recognition purposes.
Chimera Investment Corporation To Restate GAAP Financial Statements For Periods From 2008 Through 2011
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