User 337228

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

This is an awful solution to the earnings problem. Mark to Market accounting is not the reason earnings are depressed. GAAP accounting rules referee the decisions of management and is not to blame when investments turn sour. If the rushing yards for the NFL is down year over year, the NFL shouldn't allow holding to increase yardage. It is silly to blame the rules and not the management.