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re: "Mark To Make Believe"

Posted on 3/4/09 at 7:16 pm to
Posted by LeonPhelps
Member since May 2008
8185 posts
Posted on 3/4/09 at 7:16 pm to
quote:

It's like asking someone to make you an offer on your house when it is engulfed in flames.


I'm pretty sure the market for your house on fire is the same as our current stock market which means if no one wants to buy it gets marked down to zero. It is a shame this partner is trying to keep assets valued higher than someone is willing to pay for them.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 3/4/09 at 8:05 pm to
quote:

I'm pretty sure the market for your house on fire is the same as our current stock market which means if no one wants to buy it gets marked down to zero.


That is not how it works, fortunately.
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