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Old 09-24-2008, 09:15 AM
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Default Mark Cuban RSS Feed:The Bailout Alternative: Virtual Mark to Market

My RSS Feed, Mark Cuban, is a Thinker and Has Just Posted the Following:

According to some pundits, the simplest solution to our economic crisis is to suspend or abolish the mark to market accounting rules.For those unfamiliar. Mark to market is where a company reprices their assets on a daily basis to the most recent market transaction price. If asset prices are falling, this means that the total [...]

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