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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: mek42 who wrote (1760)	10/2/2008 6:52:34 AM
From: John F. Poteraske	Respond to of 34328

I've seen the idea of having the Mark to Market rule apply only to the Subprime? Anyone have some pro's & con's to this? TIA This is one of the ideas floated by Dave Ramsey II. MARK TO MARKET a. Remove mark to market accounting rules for two years on only subprime Tier III bonds/mortgages. This keeps companies from being forced to artificially mark down bonds/mortgages below the value of the underlying mortgages and real estate. b. This move creates patience in the market and has an immediate stabilizing effect on failing and ailing banks—and it costs the taxpayer nothing.