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You may have heard of the requirement to mark portfolios of assets to market which contributed to the collapse of financial institutions like Lehman Brothers
You may have heard of the requirement to "mark" portfolios of assets "to market" which contributed to the collapse of financial institutions like Lehman Brothers and Bear Stearns in 2008. Is it time to modify or change this requirement? What are others saying in the financial world? What do you think? Do you care? Should you care?
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