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To: SeekAndFind
Top accountant Tom Selling addresses the problem of accounting for the value of credit default swaps. He makes what seems to me to be a common sense suggestion:

It would make more sense to say they have no value!!!

23 posted on 12/26/2008 4:34:20 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: org.whodat
It would make more sense to say they have no value!!!

Really ? Explain to me why the value is ZERO.
24 posted on 12/26/2008 4:36:56 PM PST by SeekAndFind
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