Wednesday, January 26, 2011

As Bankers Kill Off Mark-To-Market For Good, Former FDIC Chairman Gloats

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

My take away message?  Accounting fraud is now not only legalized, but institutionalized.  Banks cooking their books is now OK.  The wonderful world of high finance...

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