happysoul77777

Obama's TARP 2 Signals an End to Mark to Market

I doubt that mark to market accounting will get tossed. But, iif Obama suspebd it, financials will rally big.

The SEC and FASB accountants are ideologs. They lack common sense.
Millions of jobs are lost, and trillions of taxpayers' money are thrown away because of these people!

JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties

JP Morgan needs to disclose the cash flows on the level 3 assets plus all the statistics regarding delinquencies, foreclosures, net charge-offs, interest rates, insurance, maturities, geographic concentrations, single issuer concetrantion, and average lives, etc. These data will help to allay fears and uncertainties. Not all level three assets are toxic.

Two Mortgage Markets Emerging from the Crisis

Very informative!

Your way of providing the information culled from the conference calls is very helpful, especially for a busy person as I am.