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	<title>Mark-to-Market Debate</title>
	<link>http://www.marktomarketdebate.com</link>
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	<lastBuildDate>Thu, 25 Feb 2010 15:00:25 +0000</lastBuildDate>
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		<title>New Study Says Mark-to-Market Not to Blame</title>
		<description><![CDATA[A new study published by the Federal Reserve Bank of Boston says that mark-to-market accounting had only a minor impact on large financial institutions during the financial crisis.
Sanders Shaffer, Director of Accounting Policy and Analysis at the Boston Fed maintains that:
Capital destruction was due to deterioration in loan portfolios and was further depleted by items [...]]]></description>
		<link>http://www.marktomarketdebate.com/2010/02/25/new-study-says-mark-to-market-not-to-blame/</link>
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		<title>Limited Government Leads to Economic Growth</title>
		<description><![CDATA[Mr. George Melloan retired in 2006 after a 54-year writing and editing career at The Wall Street Journal, where he was a key member of the Journal&#8217;s editorial-page staff during the 1970s. He has also written the book, The Great Money Binge, in which he makes the case that less regulation is needed to promote [...]]]></description>
		<link>http://www.marktomarketdebate.com/2010/02/23/limited-government-leads-to-economic-growth/</link>
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		<title>Checks On IASB Called For</title>
		<description><![CDATA[As of next year, the International Accounting Standards Board will assume considerably more influence when its rules form the basis for a single set of global standards.
To balance this increase in power, the G20 has called for the creation of an independent monitoring body. This was necessary, said David Wright, deputy head at the EU’s [...]]]></description>
		<link>http://www.marktomarketdebate.com/2010/02/19/checks-on-iasb-called-for/</link>
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		<title>Mark-To-Market Stars On London Stage</title>
		<description><![CDATA[Enron, a musical about the failed Texas energy trading company, has been an incredible success in London and has already taken more than £1 million ($1.62 million) in advance bookings.
The play captures the euphoria of the boom times and juxtaposes them with the collapse of the company. It shows how Jeffrey Skilling turns an old, [...]]]></description>
		<link>http://www.marktomarketdebate.com/2010/02/11/mark-to-market-stars-on-london-stage/</link>
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		<title>If You’re “Too Big To Fail” Are You Too Big?</title>
		<description><![CDATA[It’s a question that has aligned an interesting mix of people. As impossible as it might seem, everyone from House and Senate Republicans to the AFL-CIO, Ralph Nader, and Democrats of virtually every stripe agree that the answer is a resounding, “yes.”
Admittedly, liberals and conservatives have their own reasons for drawing the same conclusion, but [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/12/22/if-you%e2%80%99re-%e2%80%9ctoo-big-to-fail%e2%80%9d-are-you-too-big/</link>
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		<title>Make No Little Plans</title>
		<description><![CDATA[The President’s Economic Recovery Advisory Board, headed by the venerable Paul Volcker who has seen his share of economic woes, is pushing to double exports as a percentage of GDP.
And we’d all like to be thinner, younger, and richer.
That’s not to say it can’t be done, but given that our policies over the last 30 [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/12/14/make-no-little-plans/</link>
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		<title>Dollar Daze</title>
		<description><![CDATA[Every administration has pledged to hold our currency strong since Nixon devalued the dollar in 1971.  Since the Euro was introduced only ten years ago, the dollar has lost more than 50%. During the same period of time, the dollar is down almost 25% against the Yen.
The inconvenience of more expensive European vacations aside, the [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/12/09/dollar-daze/</link>
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		<title>Is Everybody Happy?</title>
		<description><![CDATA[The mark to market debate doesn’t need to be winner-takes-all. We can create a system that will satisfy the FASB and investors.
Assets and liabilities can both be held at cost on the balance sheet while current market value is disclosed. Investors will get the fair value number they need to determine current shareholder value, and [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/11/09/is-everybody-happy/</link>
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		<title>Sunny Days Will Return</title>
		<description><![CDATA[Say what you want about the deposed junk bond peddler at Drexel Burnham Lambert, Michael Milken, you have to admit that he’s right on this one. He once noted, “Liquidity is an illusion. It is always there when you don’t need it and rarely there when you do.”
To elaborate, in volatile times, money moves toward [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/11/02/sunny-days-will-return/</link>
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		<title>Mark To Market Morals</title>
		<description><![CDATA[Mark to market accounting is fundamentally flawed in so many ways, but perhaps one of its most egregious failings is that it requires the holder of an asset to play a silly game of make-believe: “Imagine you’re going to sell this long term asset today, what do you think it’s worth?”
Let’s assume this asset is [...]]]></description>
		<link>http://www.marktomarketdebate.com/2009/10/26/mark-to-market-morals/</link>
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