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View Full Version : Mark to Market or Mark to Make Believe?

Tulpen
10-02-08, 12:27 PM
It looks like the SEC will suspend the mark to market accounting rules very soon.

Any opinions?
jtabeb
10-02-08, 03:10 PM
It looks like the SEC will suspend the mark to market accounting rules very soon.

Any opinions?

Suspened reality = Bulls have room to run.
doom&gloom
10-02-08, 10:34 PM
It looks like the SEC will suspend the mark to market accounting rules very soon.

Any opinions?

sure would solve a lot of agony out there.

i am all for mark to fantasy at this point. then we should get full disclosure coupled with a market to trade all this garbage. prices will stabilize, and credit will free up again.
$#*
10-03-08, 01:23 AM
It looks like the SEC will suspend the mark to market accounting rules very soon.

Any opinions?

The SEC tells to Wall Street fraudsters that it's OK to cook the books (break the law). They even encourage it.


But who is the SEC?

The U.S. Securities and Exchange Commission (commonly known as the SEC) is an independent agency of the United States government (http://en.wikipedia.org/wiki/Independent_agencies_of_the_United_States_governme nt) which holds primary responsibility for enforcing the federal securities laws and regulating the securities (http://en.wikipedia.org/wiki/Security_%28finance%29) industry, the nation's stock and options exchanges, and other electronic securities markets.

What's next? The President saying that the Constitution is "just a goddamn piece of paper"? Nah.. That has already happened.
sadsack
10-03-08, 08:17 AM
This extends "Deep Capture" past the Earth's mantle into the outer core . . .