It's the Capital, Not Liquidity, Stupid [View article]
Whatever it is they better get it right quick before the economy goes into paralysis!!!! A very quick fix could be to suspend the "Mark-to-Market' rule. This is a siily rule that has no scientific basis for its implementation as the crystal-ball of markets has never been found or defined-especially not by the green eye-shade folks!!!!!
It's the Capital, Not Liquidity, Stupid [View article]
A very quick fix could be to suspend the "Mark-to-Market' rule. This is a siily rule that has no scientific basis for its implementation as the crystal-ball of markets has never been found or defined-especially not by the green eye-shade folks!!!!!