InvestorsHub Logo

MrBankRoll

02/10/09 1:36 PM

#167 RE: reify99 #166

Any idea how long they can claim fair value?

MrBankRoll

02/10/09 1:44 PM

#168 RE: reify99 #166

NEW YORK (Reuters) - Goldman Sachs (GS.N) Chief Executive Lloyd Blankfein fired back at critics of a controversial fair value accounting rule some blame for billions of dollars in bank losses in an opinion piece in the Financial Times on Sunday.

http://www.reuters.com/article/ousiv/idUSTRE51803U20090209