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<p>[QUOTE=&quot;Cloudsweeper99, post: 787883, member: 3011&quot;]I don&#039;t have the answer.&nbsp; I&#039;m not so sure mark-to-market was ill-conceived.&nbsp; What was ill-conceived was the purchase of non-liquid assets by the financial institutions in the first place.&nbsp; They wanted to play &quot;masters of the universe&quot; and got burned while running their gambling casinos.&nbsp; I don&#039;t blame the rule for imprudent actions.&nbsp; I don&#039;t think it caused the problem.&nbsp; It only revealed it.</p><p><br /></p><p>Mark-to-cashflow leaves the door open to major abuse, and it probably is being abused.&nbsp; I suspect there are many assets on the books carried at full value that will never be liquidated for the stated value.&nbsp; Being current on&nbsp; payments is no guarantee that an asset is not significantly impaired.[/QUOTE]</p><p><br /></p>

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