with Oli | Strategies


Archive for April, 2009

No Market for Mark-to-Market …

Donnerstag, April 2nd, 2009

They really did it … OMG
Mark-to market is not anymore mark-to-market …
So … now everything is possible … enjoy the time until reality comes back …
- FASB’s new guidance allows banks and their auditors to use “significant judgment” when valuing the illiquid assets such as mortgage securities. For example, if companies have assets with strong […]