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Why Mark-to-Market is Bad News for Shareholders

Jun 4th, 2008 | By Martin Hutchinson | Category: Stock Market Investing

“When I use a word” said Humpty Dumpty in Lewis Carroll’sThrough the Looking-Glass,” “it means just what I choose it to mean, neither more nor less.” It has always been the ambition of Wall Street to bring its financial statements under a similar type of discipline.