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« Construction Outlook Gloomy According to Architectural Activity | Main | Economics Will Shift From Recession to Recovery »

January 26, 2009

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Comments

Todd Williams

Morning Bill:
Todd Williams here from the OAMP and our days at FIB together. Great site and nice blogs! Question: What is your take on this whole new "reason" for the banking issues of "mark to market" accounting. I know what it is and how it works, I would just like your thoughts on how big a role you think this is playing/has played, should it be changed, and if so, how and who should change? Just banks or all financial institutions?

Hant

Well, it looks like the latest stimulus plan will be officially passed any day now
. Although I’m not sure that they are aware of it,
taxpayers have already paid $250-billion towards the previously passed stimulous plan.
Here is an article break...

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