This blog has moved to:

« The Anti-Fair Value Lobby Has a Point (Even if They Don't Know It) | Main | The Credit Default Swap Mess: Did U.S. GAAP Play a Role? »

September 30, 2008



Isn't the replacement cost of debt (from the debtor's perspective) going to be par? At least if they want to claim to be a going concern . . .

The comments to this entry are closed.

This blog has moved to: