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Mark-to-Market Debate: The Value of Fair Value

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Uploaded by on Feb 6, 2009

Chief Executive Officer Richard S. Berg talks about why fair value is best practice and why market price can be the best estimate of value.

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  • You need both so you can cook your books, you use which ever one is advantages, when you want to pay less taxes you pick the lower value, when you want a loan you pick the higher value, isn't this what ENRON used to cook their books?

    When it comes to $Billions nobody can be trusted to do the right thing when nobody is looking!

    Greenspan Defends Decisions of Policy Makers in Late 1990s

  • You need to make a video that I can show to a LARGE group of people that are not economic people. It need to be short and easy to understand. Berg started good on the FoxBusiness video but he got distracted from saying how Roosevelt had to fix this and give examples how this is instantley bad. If you make a good video I can get a bipartisan group of young adults to move on this. PLEASE

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