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Insurers Say Fair Value Accounting Was a 'Powerful Accelerant' to Credit Crisis

National News • December 31, 2008
The application of fair value accounting measurements to an inactive, illiquid, and disorderly market for structured credit products helped fuel the worldwide credit crisis, an organization of ...

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Subject: The application of fair value accounting measurements to an

Posted On: December 31, 2008, 12:46 pm CST
Posted By: Agent
Comment:
My accounting vocabulary has increased dramatically this year. I wish I could say the same about my comprehension. Wouldn't it be simpler to say that the accounting process had loopholes that allowed scumbags to benefit?
Subject Posted By Posted On
RE: You need assets to pay claims... inscopywriter
Jan 2, 2009, 11:52 am
The application of fair value accounting measurements to an Agent
Dec 31, 2008, 12:46 pm
You need assets to pay claims... Robert
Dec 31, 2008, 11:55 am
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