Showing posts with label mark to market. Show all posts
Showing posts with label mark to market. Show all posts

Tuesday, September 30, 2008

mark to market

Correct me if I'm wrong, but memory tells me strict accounting mark to market rules came out of the S & L crisis as a solution to prevent failure due to the overstated value of assets.I don't think we should take lightly any vacation of mark to market rules. The core and substance of the Paulson Plan - namely the creation of a reverse auction system in which the Treasury acts as the buyer of last

mark to market

Correct me if I'm wrong, but memory tells me strict accounting mark to market rules came out of the S & L crisis as a solution to prevent failure due to the overstated value of assets.I don't think we should take lightly any vacation of mark to market rules. The core and substance of the Paulson Plan - namely the creation of a reverse auction system in which the Treasury acts as the buyer of last