October 01, 2008
Mark to Market Outsourcing
Posted by David Zaring
We've told you that valuing assets ain't easy these days. Indeed, "these the times that try one's sells" (love that line). Bainbridge thinks that the SEC advice on mark to market flexibility doesn't do anything. Larry Cunningham thinks it could, but it's a novel use of accountancy. Ribstein thinks it is corrupt, John Carney thinks it requires guessing how the government will price the assets, and well-known short James Chanos says that valuation flexibility will just mean that the banks overprice them more.
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8345157d569e20105351b4c75970c
Links to weblogs that reference Mark to Market Outsourcing:
Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom

The Glom on Twitter
Archives by Topic
Archives by Date
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Miscellaneous Links
