2009-03-16 — bloomberg.com
" The Financial Accounting Standards Board, pressured by lawmakers to change the fair-value rule blamed for worsening the financial crisis, proposed permitting companies to use “significant judgment†in valuing assets."
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catherine at 23:37 2009-03-16 said:
aaaaaaauuuuuuuuuuuuuuggggggggggghhhhhhhhhhhhh Depression playbook one of the first things they did to save the banks was to lower the RESERVE requirements same toxic crap, just call it something else, like maybe AAA rated paper........................ aaaaaaauuuuuuuuuuuuuuuuuuugggggggggggggggggghhhhhhhhhhhh Permalinkadd a comment | go to forum thread
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