Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label mark to market. Show all posts
Showing posts with label mark to market. Show all posts
16 March 2009

FASB to Make Dramatically Favorable Changes in Mark to Market Rules

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It looks likea return to mark-to-assumptions is in the cards. The prospective rule change is targeted at large banking institutions with ho...
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