Fight Club
Why Mark-to-Paulson Accounting Won't Save Banks: Jonathan Weil
Submitted by loner on 26 September, 2008 - 10:11pm- Ben Bernanke
- Bloomberg
- Bloomberg L.P.
- Brad Pitt
- Congress
- Federal Reserve System
- Fight Club
- Finance
- Financial Accounting Standards Board
- Goldman Sachs
- Hank Paulson
- http://www.bloomberg.com/apps/news?pid=newsarchive&
- Insurance
- Jonathan Weil
- jweil6@bloomberg.net
- mark-to-market accounting
- New York
- The Goldman Sachs Group, Inc.
- United States
- US
- USD
- Wall Street
Sept. 25 (Bloomberg) -- There's one glaring weakness in Treasury Secretary Hank Paulson's plan to save the U.S. financial system: We know what the plan is. Any other problems with it are mere details.
Much like the credo of Brad Pitt's character in the 1999 movie ``Fight Club,'' the first rule of market manipulation is you don't talk about market manipulation.
- loner's blog
- Read more
- 359 reads
What did I say then?
Realised volatility and variance: options via swaps (4 years 34 weeks ago):
Peter Carr and Roger Lee present explicit and readily applicable formulas for valuing options on...
