rd4sndk

FASB Unlikely to Suspend Mark to Market

The only important measure for transparency is the cash flow from the asset and the future discard value. There's nothing else necessary to evaluate a companies asset. Fair value accounting doesn't do neither which is why transparency claims are hollow and disengenuous. Congress should can mark to market as it provides unrealistic expectations of assets during before and after market turmoil. Pricing the value of one asset to the that of one based on proximity and type is as stupid as valuing Toyota based on Chryslers performance.