[vodpod id=Groupvideo.2311899&w=425&h=350&fv=m%3D27467187%26type%3Dvideo%26a%3D0] Let me get this straight, Obama hosted an unscripted Q&A and the market still went up triple digits? That’s Gangsta. This will take some getting used to as our prior President wasn’t that good at the whole off-the-cuff thing. The mark-to-market standards easing, while already telegraphed in advance, was like an anabolic steroid…
Mark to Market
FASB to Hold a Mark-To-Market Jam Session – Updated
OOOOOOOHHH! The Financial Accounting Standards Board (known as FASB in the ‘hood) is meeting today to discuss, err, a possible, shall we say…relaxation of its policies regarding hard-to-value assets. I haven’t been this excited since I was a little girl waiting in the rain for New Kids On The Block tickets in 1989! JK. By…
March 12th: Balance Sheet Amnesty Day?
What’s the story with March 12th? Basically, the thinking out there goes something like this. Congress is planning to take a look at possibly easing the Mark-to-Market accounting rules, giving US banks a fighting chance at making it through this period. From the Washington Post: A House Financial Services subcomittee has scheduled a March 12…
