re: "Mark To Make Believe"

Posted on 3/4/09 at 6:45 pm to LSURussian

Posted by kfizzle85

Member since Dec 2005

22022 posts

Posted on 3/4/09 at 6:45 pm to LSURussian

I'm not trying to be an arse, instead of getting feisty you could just point out the relevant point you know.

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Posted by MileHigh

Most likely a mile high

Member since Jan 2004

7920 posts

Posted on 3/4/09 at 6:59 pm to kfizzle85

quote:

I'm not trying to be an arse, instead of getting feisty you could just point out the relevant point you know.

I don't know what russian's deal is. He gets hostile unless you agree with 100%.

Besides being poorly written, I didn't find that interesting. Yes, assets are difficult to value. Yes, mark to market makes banks write down loans.

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Posted by LSURussian

Member since Feb 2005

127023 posts

Posted on 3/5/09 at 5:20 am to kfizzle85

quote:
I'm not trying to be an arse, instead of getting feisty you could just point out the relevant point you know.

I didn't think you were trying to be an arse. I found the article had some points I had not thought of before. If it was not meaningful to you, then my apologies. That's all. (ETA: "Sorry to waste your time, sir!" is a punchline quote from a Monty Python skit from years ago. I thought someone might recognize it and get a chuckle.)

I apologize if I came across as being 'feisty.' If you want to see feisty, please see my earlier reply to Mr. Wendy's Man. I wrote my response to you as I was about to leave for work so I only had time to write a short reply to you. (I'm 14 hours ahead of Baton Rouge time here in Manila. That's why it appears I am writing this reply to you just after 5 AM Thursday, BR time. It's just after 7 PM here now.)

I guess I'm the only one here who thinks that MtM doesn't work in the panic mode market we're in as it does in a traditional market environment. And that's fine. I don't expect to always be able to convince everyone of the error of their ways.