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Strategies & Market Trends : 50% Gains Investing
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To: Spekulatius who wrote (65101)9/24/2008 9:06:31 AM
From: Keith FeralRead Replies (2) of 118717
 
I don't see the logic in making banks mark 30 year mortgages to market. Whatever the case, it's cheaper to go revise the accounting rules to mark to maturity than spend $700 billion to force the market to observe the value embedded in the firesale prices.
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