tag:blogger.com,1999:blog-11719208.post114403783464619157..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Some Scary Lender StatisticsTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-1144315044227994522006-04-06T02:17:00.000-07:002006-04-06T02:17:00.000-07:00No, no, no Aaron. Market-to-market means you grab...No, no, no Aaron. Market-to-market means you grab a price quote for an asset or liability from a party actually willing to buy/loss transfer it. "mark-to-model" is when you look at and asset/liability on paper, apply a pricing model with your assumptions and book our p/l. In short, its mark-to-model thats going on here. Mark-to-market would be a exercise in sanity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-1144199736532589592006-04-04T18:15:00.000-07:002006-04-04T18:15:00.000-07:00So they've been marking-to-market questionable (pr...So they've been marking-to-market questionable (probably unattainable) future revenues to present profits. Just like Enron.<BR/><BR/>Now it allllll makes sense.Anonymousnoreply@blogger.com