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Replies to #74496 on Biotech Values
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DewDiligence

03/15/09 1:10 AM

#74500 RE: jbog #74496

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.