My blog is a mix of accounting and economics, which I believe is the perfect mix to use as a way to analyze the past and anticipate the future. I will provide brief thoughts on articles I read across the web and share the things I find interesting.
Friday, April 10, 2009
Pro-M2M sentiment
I'm seeing more and more articles assaulting the changes in M2M rules. Here's another from the economist.com. It's going to come down to whether banks are willing to accept the valuation on their toxic assets and sell them as part of the PPIP or whether they will refuse to part with them and instead mark the assets to model (higher than market). Last I heard the PPIP was still weeks away, but it's going to happen eventually. I still say whatever happens the activity validates the clarity provided by M2M, so bring it back!
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