Toxic Securities - Wanted: Market Based Prices

Shaken insurance giant AIG has argued that fair value accounting is what got the world into this financial crisis. This debate is flaring up once again as it becomes ever more apparent that many of the world’s largest banks would be insolvent if they priced their securities at “fair” market…

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This entry was posted on Tuesday, March 3rd, 2009 at 12:59 am and is filed under currency trading, day trading, forex currency trading, forex trading, trade forex. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.