GW

The Wonders of Mark-to-Market: Simultaneously Well-Capitalized and Insolvent

Perhaps the most intelligent proposal put into the media for consideration. Too bad the president is more interested in casting blame and punishing shareholders instead of seeking solutions. Come on Mr. President, listen to the people who put you in office and instill hope and be part of the solution not the growing problem!!!


On Mar 06 12:46 AM Parm Dhaliwal wrote:

> The flaws of MTM are magnified exponentially during extreme market
> movements, grossly over/understating the actual picture. MTM should
> be either eliminated or modified to account for extreme market conditions.
>
>
> Perhaps one way around this would be to group securities into 2 buckets
> and identify those that are to be held until maturity. This bucket
> should be exempt from MTM and the classification of these assets
> should be treated consistantly for each reporting period.