Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Category Archive: The Blob

  1. Mark to Market Accounting – It’s Like The Blob; We Need to Kill It Before It Eats Us Alive!

    We need to kill mark to mar­ket account­ing before it eats us alive. These account­ing rules are like The Blob, an alien life form that con­sumes every­thing in its path as it grows and grows. Both the Blob and mark to mar­ket account­ing crawl, creep and eat every­thing dead or alive in their path. We […] [read full story]

    Posted in: Accounting, FAS 157, FAS 159, FASB, Finance, Mark to market accounting, The Blob