4/7/2008: CFA roundtable on mark to market

Journalists Invited to Hear Investor Perspective on Fair Value (“Mark to Market”) at CFA Institute Centre for Financial Market Integrity Media Roundtable

Sabaziotatos says:

Unfortunately, I have not yet been able to get a webcast or a transcript. Here are some excerpts from the only report on the roundtable I have seen:

Jeffrey Diermeier, president and CEO of the CFA Institute, posed a question to the members of the institute recently asking whether fair value requirements are aggravating the global credit crisis. Fifty-five percent of 2,006 respondents said yes, while 45 percent said no. ... "We believe fair value gives you more transparency into the underlying assets," said Russell Golden, director of technical application and implementation activities at the Financial Accounting Standards Board and chairman of the Emerging Issues Task Force."