Fair Value US – Accounting Rule Takes Heat For Economic Crisis

The players of the financial markets are interrogating mark-to-market in an effort to understand if and how it contributed to the financial crises. Ramona Dzinkowski reports.

The multiple and complex causes behind the current global economic turmoil, and the credit crises more specifically, were perhaps never so clearly and vehemently articulated as on 29 October 2008 at the US Securities and Exchange Commission (SEC).

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