Wednesday, April 9, 2008

3/11/2008: Mark Mobius on mark-to-market accounting

Excerpt from comments Mark Mobius in interview on Bloomberg (about 90 seconds in)

This subprime business has a lot to do with the accounting we are using. The idea of marking to market is a very bad system.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)