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Op-Ed Contributors - How to Repair a Broken Financial World

The Big Picture found this 1/4/2009 on nytimes.com

(Page 2 of 3) In its latest push to compel confidence, for instance, the authorities are placing enormous pressure on the Financial Accounting Standards Board to suspend “mark-to-market” accounting. Basically, this means that the banks will not have to account for the actual value of the assets ...