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Schwarzman's accounting trial balloon gets thoroughly aerated
(
time-blog.com
)
2 points
by
revorad
on July 4, 2008
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1 comment
tortilla
on July 4, 2008
[–]
So Schwarzman wants Banks to follow Enron's lead and price assets with mark-to-model instead of mark-to-market?
We need more transparency in the financial markets, not less.
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We need more transparency in the financial markets, not less.