Outside Asylum

IIRC the horse is already out of the barn on this one...

69.228.195.226


[ Follow Ups ] [ Post Followup ] Thread: [ Display  All  Email ] [ Outside Asylum ]

Seem to recall that FASB, under pressure form congress, already changed the way bank valued their assets.

Remember the controversy a year and a half ago on "mark-to-market" vs. "hold-to-maturity" accounting?

I really don't care what formula they use to value bank assets, they can do whatever the decide, but they must not be allowed to change the method just because of changes in market conditions.








Boats and Fish!




Follow Ups:


Post a Followup:

FAQ

Post a Message!

Forgot Password?
Moniker (Username):
Password (Optional):
  Remember my Moniker & Password  (What's this?)    Eat Me
E-Mail (Optional):
Subject:
Message:   (Posts are subject to Content Rules)
Optional Link URL:
Optional Link Title:
Optional Image URL:
Upload Image:
E-mail Replies:  Automagically notify you when someone responds.


[ Follow Ups ] [ Post Followup ] Thread: [ Display  All  Email ] [ Outside Asylum ]
[ Comment ] [ Edit ] [ Delete ] [ Copyright Warning! Click for Details ]