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DewDiligence

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DewDiligence

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Re: jbog post# 74496

Sunday, 03/15/2009 1:10:56 AM

Sunday, March 15, 2009 1:10:56 AM

Post# of 257685
Re: MtM accounting and Buffett’s take

What has confused the issue is the different types of capital requirements different organizations need.

The individual federal and state regulators of the various financial industries can iron out the details as they see fit, but the concept of not using MtM accounting to dictate regulatory capital requirements applies across the board, IMO.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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