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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (14843)1/28/2009 4:24:58 PM
From: The Reaper  Respond to of 50465
 
I don't think Japan marked anything down from par. I'm just saying that in most cases, the banks have marked the assets so low (and maybe even unrealistically low) because of the forced mark to a distressed market, that if the rule was suspended the banks wouldn't have to keep all the money they've already gotten from TARP for reserves.


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