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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (421182)9/30/2008 9:14:07 PM
From: tejek  Read Replies (3) | Respond to of 1576221
 
Mark-to-market is being blamed by many for this disaster and they're wanting to do away with it. Which is a mistake, I think.

When you're dealing with capital assets, you generally don't market to market but when you're dealing with stock-in-trade, M/M is crucial to prevent the hiding of losses.

As I understood it, mark-to-market has to do with valuing futures and commodities in the stock market, not the housing industry.


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