mark to market value?
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mark to market value?
| Fri, 09-26-2008 - 9:52pm |
What is that? I heard a person on a show today say that that accounting change made the whole mortgage mess happen but I guess I am not understanding that. Anyone know?

Thank you I will as well, Idon't understand how this made a problem. I have no trust in those folks right now, I feel they are all lying.
http://www.answers.com/topic/mark-to-market
http://en.wikipedia.org/wiki/Mark_to_market