Replies to post #166 on Leucadia National fka LUK

[MrBankRoll]

Any idea how long they can claim fair value?

[MrBankRoll]

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