Here's an interesting article on the financial rules for mark to market.
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/22/AR2008092202688.html
Is the rule a scapegoat or has it actually contributed to the problem? That will be an ongoing debat, I'm sure.
Personally, I think the more visibility we have into a companies assets, the better off we are.
Anyway, it seems to be an interesting article and discusses both sides of the issue.
-David
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/22/AR2008092202688.html
Is the rule a scapegoat or has it actually contributed to the problem? That will be an ongoing debat, I'm sure.
Personally, I think the more visibility we have into a companies assets, the better off we are.
Anyway, it seems to be an interesting article and discusses both sides of the issue.
-David