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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (189448)3/8/2009 8:08:17 PM
From: LLCFRead Replies (1) | Respond to of 306849
 
Sounds like that is inevitable, but of course it won't increase the value of the assets in the long run. Eventually Mark to market should then be reinstated and actually PAID ATTENTION TO by the banks. If an asset is too volatile to "mark to market" what is a bank doing owning it?

dAK



To: stockman_scott who wrote (189448)3/9/2009 1:12:55 AM
From: Elroy JetsonRespond to of 306849
 
. . .



To: stockman_scott who wrote (189448)3/9/2009 1:13:01 AM
From: Elroy JetsonRespond to of 306849
 
Just what we need . . . less reality in our economy to increase investor confidence.

If firms can hide their mounting losses from investors, customers and vendors, then everything will be just fine again.

Brian Wesbury has his head up his ass again.
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