Ryan Grim Huffington Post March 13, 2009 http://www.huffingtonpost.com/2009/03/13/regulator-before-banks-co_n_174850.html Before financial institutions have collapsed over the past several months, they have come to the Financial Accounting Standards Board, pleading for a change in mark-to-market accounting rules so that they can continue to appear to be solvent on their balance sheets. Robert Herz, head of the FASB, told a panel of lawmakers Thursday that the loudest critics of fair market …
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