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IPFS News Link • Economy - Economics USA

S.E.C. Move May Relax Asset Rule

9-30-2008 • New York Times

The S.E.C. said it was interpreting, not changing, the mark-to-market rule. Nonetheless, the immediate praise from the bankers could reduce the pressure to drop the rule and make it easier for legislators to change their votes.

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Reported By Brock Lorber

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1 Comments in Response to S.E.C. Move May Relax Asset Rule

Comment by Brock

Entered on: 9/30/2008 8:03:08 PM

A move sure to help identify and mitigate semi-performing assets.

Oh, and this is another part of the Billionaire Bailout. Congress is truly the skin tag of Washington DC.

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S.E.C. Move May Relax Asset Rule

1 Comments in Response to S.E.C. Move May Relax Asset Rule

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