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« It's Crunch Time for Loan Accounting – and Convergence | Main | The Faulty Reasoning of the IASB's Three-Bucket Loan Loss Model »

August 08, 2012

Comments

Jay

Great post! However, is there really such a thing as a valuation expert and are economists the best people to do this work... Very smart people in the hedge fund industry, investment management industry etc. have wildly different views on bank balance sheets and the value of the underlying loans/assets...

Indepedent Accountant

TS:
The spirit of General McAuliffe lives! I read the WSJ article too, and thought it was just another attempt to conceal bank insolvency.

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