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To: wagglebee
Mark-to-market was largely responsible for creating the present crisis and ending it will go a long way toward ending it.

You're wrong. Most all of the banks weren't even marking their toxic assets to market anyways. They are still marking Alt-A's at 95-97 cents on the dollar.

This rule change will have little effect. Wall Street just doesn't realize it yet.

We will see a Dow of 4,000 before we see a Dow of 8,800.

26 posted on 04/02/2009 7:10:52 PM PDT by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: politicket

I suspect you are correct, this is to give the dumbo talking heads spin.


34 posted on 04/02/2009 9:06:56 PM PDT by razorback-bert (We used to call them astronomical numbers. Now we should call them economical numbers.)
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