"Mark to market accounting, which forces firms to revalue their assets to current market values even when the market is frozen or dysfunctional, and even when the assets could be held to maturity and redeemed at face value, could be the prime suspect in the downward spiral of our credit markets, says Bob McTeer, a distinguished fellow with the National Center for Policy Analysis.
For example, if a bank loan goes into default, it makes sense to write it off the books. However, if a security trades lower because market interest rates have risen or because of problems in the market itself, requiring an immediate write-down is unduly harsh, continues McTeer."
Experience
Teaching Taiwanese since 2005 | FREE 30-minute trial classes available!
Bernard English
Online English Tutor/Teacher
- Native Speaker of American English Conversation practice. Chatting or in-depth discussion of news articles. TOEFL-IELTS practice / CV, SOP, journal paper, essay revision 英語家教 彈性排課, 免通勤, 托福, 職場英文, 履歷/論文修改…等。 請看我的學生推薦信。
Search This Blog
email: bernard.english@gmail.com
Monday, September 22, 2008
WHY MARK TO MARKET? FROM National Center for Policy Analysis
Labels:
Investing
Native Speaker of American English
Conversation practice. Chatting or in-depth discussion of news articles.
TOEFL-IELTS practice / CV, SOP, journal paper, essay revision
英語家教
彈性排課, 免通勤, 托福, 職場英文, 履歷/論文修改…等。
請看我的學生推薦信。
Labels
- 1. Oral Speech (20)
- 2. Writing Tips (11)
- 3. Oral Presentation (5)
- 4. Vocabulary (33)
- 5. Grammar (7)
- 6. Applying for a Job (18)
- 7. Applying to Schools (20)
- 8. Test Preparation (6)
- 9. Audio/Video (230)
- 9. Audio/Video Military (5)
- Africa (2)
- Animals (8)
- Art (13)
- audio (1)
- BBC Learning English (2)
- Biography (21)
- biology (32)
- Book Review (22)
- Business (195)
- by Bernard (23)
- Case Studies (3)
- Celebrities (2)
- China (18)
- Clothes (9)
- Colbert (1)
- Computers/Internet (124)
- Covid (85)
- Crime (144)
- crime. military (2)
- Culture/Ethnicity (92)
- Eco (1)
- Economics (524)
- Education (159)
- Energy (1)
- Environment (93)
- Ethics (110)
- ethni (1)
- ethnic (2)
- Europe (1)
- Family (42)
- Finance (8)
- Food (77)
- Gender (33)
- Government (9)
- Health (278)
- History (18)
- Hobbies (9)
- housing (4)
- Humor (54)
- Immigration (32)
- Inspiration (5)
- International Comparisons (12)
- Investing (74)
- Japanese Classes (1)
- Japanese Vocabulary (4)
- Language (46)
- Law (133)
- Libertarian (3)
- Lockdowns crime (1)
- Media (59)
- Military (368)
- Miscellaneous (80)
- Movie Review (3)
- Music (13)
- Obituary (1)
- pandemic (4)
- poli (1)
- Politics (367)
- Psychology (267)
- Quizzes (1)
- Quotes (22)
- Religion (46)
- Romance/Marriage (57)
- Science (187)
- Shopping (10)
- Sports (77)
- Supernatural and UFO (6)
- Taiwan (29)
- Television and Movies (14)
- The Elderly (4)
- The Elderly/Retirement (19)
- The Youth (33)
- TOEFL (2)
- Transportation (51)
- Travel (20)
- U.S. (3)
- US History (49)
- USA (26)
- Vices (28)
- War (4)
- Weather (5)
- Work (119)
- Writing Contest (7)