Seeking Alpha

ThaddeusN » Comments |

Sort by:
Latest | Highest rated
  • A Guide to Hiding Toxic Assets [View article]
    Ignoring the current situation for a moment, I believe that mark-to-market accounting creates more problems than it solves for the banks. It creates pro-cyclical balance-sheets and degrades the value of prices in signaling the true value of assets. I would recommend the paper by Plantin, Sapra, and Shin the J. of Accounting Research.
    Apr 02 16:46 pm |Rating: +1 0 |Link to Comment
ThaddeusN's
Comments Stats
1 comment
Rating: 1 (1 is - 0 )