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i agree that mark to market accounting is not helping the current situation - but that does not make it the villain. levin70 is correct about the rules. enron triggered this rule change. i protects the investor. you have everything to lose if a company cooks the books. everyone (international and national companies) are accounting on a level playing field. don't get caught up in this hysteria about mark to market - it is the system abusers who want to go back to the old rules.
Sep 30 02:47 am
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All Comments by Steven Hansen »Mark-to-Market Accounting: Kill It Before It Eats Us Alive [View article]
and please demonstrate to seeking alpha how this rule change has caused any company to fail. it was the toxic waste and leverage which has screwed the market.