Give a basic summary of SPE's (compare and contrast).
SPE's engaged in governmental activities.
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SPEs or special purpose entities, which were invited to shift some transactions off a company's balance sheet, is illustrated by Soroosh and Ciesielski (2009) as "created by a party (the transferor or the sponsor) by transferring assets to another party (the SPE) to carry out a specific purpose, activity, or series ...
The solution summarizes SPE's in government's activities.