We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Marking to fantasy

15 Oct 2007 By Martin Hutchinson

The giant fund proposed to bail out structured investment vehicles and prevent a downward price spiral risks making a mockery of marktomarket accounting. When no active market exists for assets, their value should be reported at cost with deductions for value impairment.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)