Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (99996)	11/28/2008 1:31:34 PM
From: The Reaper	Read Replies (2) \| Respond to of 110194

My understanding is that FASB 157 still has not been implemented because doing so would destroy most of the bank's balance sheets. I keep hearing about delays and debates over whether or not 157 should be implemented. Am I wrong? Edit: Upon a little further reading I guess 157 has been implemented. What's still up in the air is how everyone should "mark to market" their various assets, especially in markets deemed inactive and "not orderly"