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<title>Keyword: seucritization</title>
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<title>Insight: True impact of mark-to-market on the credit crisis</title>
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<description>Insight: True impact of mark-to-market on the credit crisis By Paul J Davies Published: February 28 2008 16:25 | Last updated: February 28 2008 16:25 Back in April 1993 the eyes of the world were on the beseiged Balkan town of Srebrenica, which the UN declared a safe haven for Bosnian muslims, and on Northern Ireland, where secret talks between leaders from rival factions kick-started a tentative peace process. In the same month, a less-noticed development saw US accountancy regulators approve a rule that paved the way for today&#x26;#x2019;s widespread use of mark-to-market accounting standards. This rule, which forced US...</description>
<author>FT</author>
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