happysoul77777

Where Have All the Value Investments Gone?

The economists, accountants, strategists, and regulators need to step outsied of the box and think!

The destruction of wealth and value was caused by the FASB 157 (Fair Value accounting rule, naked short selling, repeal of the uptick rule, uncontrolled derivatives (CDS, leveraged ETFs). Sub-prime loan was the catalyst, but the above-mentioned sustaning factors have caused serious problems around the world.