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Message
re: Fannie Mae Reports Massive Q3 Loss, Asks For Another $15 Bil
Posted on 11/5/09 at 10:31 pm to Tiger JJ
Posted on 11/5/09 at 10:31 pm to Tiger JJ
Just cause I love amsterdam so much:
quote:
Our April 1, 2009 adoption of the FASB’s guidance on determining fair value when the volume and level of activity for the asset or liability have significantly decreased did not result in a change in our valuation techniques for estimating fair value.
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