Mark to market hearing

Reading Time: < 1 minute A bunch of politicians (accounting newbies) questioning accountants C-span video here. All right, more finger pointing. Now people (oh, I mean Wall Street and their friends at Washington) are blaming mark to market (wiki), for the financial crisis. This is almost same as blaming starbucks for one’s coffee addiction problem. Coffee, if consumed modestly, is… Continue reading Mark to market hearing