http://www.marktomarketdebate.com/2009/02/04/the-value-of-fair-value/ Mon, 07 Feb 2011 22:30:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.marktomarketdebate.com/2009/02/04/the-value-of-fair-value/comment-page-1/#comment-495 Wayne Fox Wed, 20 Jan 2010 16:28:25 +0000 http://www.marktomarketdebate.com/?p=371#comment-495 Well, I tell ya what...I bought 5000 shares of Bank of America at $19.00. The market tanked and the value of each share went to ~$2.53. If banks can just go to Mark-To-Model why cannot I sell my $2.53 shares for $19.00 or higher?? Maybe $43.00 where they were in early 2007??? Hmmm, why do banks get to do what I cannot. --a bit skewed... Well, I tell ya what…I bought 5000 shares of Bank of America at $19.00. The market tanked and the value of each share went to ~$2.53. If banks can just go to Mark-To-Model why cannot I sell my $2.53 shares for $19.00 or higher?? Maybe $43.00 where they were in early 2007??? Hmmm, why do banks get to do what I cannot. –a bit skewed…

]]> http://www.marktomarketdebate.com/2009/02/04/the-value-of-fair-value/comment-page-1/#comment-16 cuOnTheOtherSide Wed, 18 Feb 2009 07:21:08 +0000 http://www.marktomarketdebate.com/?p=371#comment-16 If banks mad there money the old-fashion way (as they did 5 to 10 years ago), would we be in this mess? If banks mad there money the old-fashion way (as they did 5 to 10 years ago), would we be in this mess?

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