AWH
2009-06-07 18:25:33
“Cadmus, Great post!
Unsk”
Totally agree, the Mark-to-Market (or FAS 157) impact on this economy has been huge. While they finally made changes, the changes weren’t as big as they should have been, but they are much, much better than it was last year. If someone wanted to piece together a conspiracy that would be a good place to start – why put in FAS 157 in November of ’07 – the year prior to the next election?
Unfortunatly, it’s hard to argue for a conspiracy when Bush should have had people who knew better in position to stop this (and should have killed SOX much earlier, as well).








