Bonanza36

Ken Lewis on Bank Accounting: Sensible Talk from a Surprising Source

The only alternative to mark to market is mark to myth. That is what got us here in the first place. You can only play hide the weenie for so long. We know the crap sandwiches are there. Denying they exist thru elimination of mark to market is disingenuious at best.

Keep it up Tom, your pollyanish bleating on behalf of these deadman walking banks will be the financial death of your followers.