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Mark To Market Eased: Making A Silk Purse From A Sow's Ear? Example Included Below
From The Political and Financial Markets CommentatorTaking From Peter To Pay Paul The FASB (Financial Accounting Standards Board)relaxed the rules that require a bank to mark the value of an asset on its books to a"mark… -
What Will Save Our Economy?
Monday, February 23, 2009What Will Save Our Economy? How Do We Get Ourselves Out Of This Crisis? I have been accused by some readers of being a "Monday morning quartback", of critisizing and not offering solutions and… -
The Financial Crisis: Losing Your Job and Money May Not Be The Only Casualty
Tuesday, January 13, 2009The Financial Crisis: Losing Your Job and Money May Not Be The Only Casualty Your Job, Your Income, Your Lifestyle and Maybe Your Spouse "One mother in TriBeCa, who is married, at least for now,… -
Bernie Madoff: Who Could (Should) Have Known?
Tuesday, December 16, 2008Bernie Madoff: Who Could (Should) Have Known? Question: How do you make a small fortune? Answer: Start with a large fortune and give it to Bernie Madoff to invest! "When the truth is found to b…
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