weSRCH App on Apple
Share  Email

Maxims applied: Cash is King. Everything else is Accounting - Why Mark to Market is an inherently flawed valuation system.

Posted on: 17-Mar-2009

Page Views: 1966

To view full screen click here!



Loading....

If you are unable to view this PDF file, please clear the browser cache and reload your page,
if the problem persists try upgrading your PDF reader. To obtain the PDF reader, please click here

Summary

The Federal Accounting Standards Board, AKA: FASB, has done it again. After having killed innovation in technology they went on to create Mark to Market, which sped the demise of Wall Street and America’s banking system. Now it sounds like a great idea, but that assumes you can reliably price assets. I explain why this is never the case and how it is hurting the banks and America's tax payers.

«  Maxims applied: Cash is King. Everything else is...

Manufacturing Economics: Yield, Binning, Learning... »

About weQuest:
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.

Short URL: https://www.wesrch.com/electronics/weqEL1MGAS

Send to Colleague | Send to myContacts |  Save to myLibrary