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When banks adjusted their troubled investment assets to fair value, it dramatically reduced their equity, which is regulated and must remain at acceptable levels. Do

When banks adjusted their troubled investment assets to fair value, it dramatically reduced their equity, which is regulated and must remain at acceptable levels. Do you believe fair value was to blame for the financial crisis? Support the answer with the articles or outside reading.

https://www.gsb.stanford.edu/insights/charles-lee-why-fair-value-accounting-isnt-fair

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