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  • Mark-to-Market Accounting: Kill It Before It Eats Us Alive  [View article]
    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.

    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.

    Sep 30 02:47 am |Rating: +1 -1
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