from zerohedge: on mark to market accounting

looks like the banks win again. mark to fastasy continues. the fraud continues and the lies will never end. this does not change the fact the the money center banks are insolvent and will not be lending into the economy for a very long time.

http://www.zerohedge.com/article/bankers-kill-mark-market-good-former-fdic-chairman-gloats


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