They say that, you know, writing down the value of assets right now just adds to volatility.
There is no procedure for writing down the value of such loans, no matter how questionable their worth.
But Oppenheim feels both have proven themselves the most realistic in writing down the value of their landholdings.
But he took to the idea of writing something of value to an underclass doomed to grow up illiterate.
Legally, the government would need to declare a bank holiday while Parliament passed new laws writing down the value of uninsured deposits.
The idea of writing down the value of financial assets when the market for them is seriously impaired or doesn't exist is sheer folly.
So far, the pain has been limited to homeowners, home builders and banks like Morgan Stanley, Citigroup, HSBC Holdings, which have been writing down the value of their mortgage-bond portfolios.
Besides the intrinsic value of cursive writing, some are worried that phasing it out may make texts written in cursive go the way of hieroglyphics, as McGrann pointed out.
You know, already the FBI and other investigators are finding that, for example, people who appraised a certain asset were told in emails, in writing, to change the value of that asset.
For instance, the recent guideline on fair-value accounting, which decrees that companies must show equity holdings at their market value, also contains a provision that allows them to avoid writing down shares if they think that they will soon recover in value.
Both the FT and Chris Redman writing in Fortune raise questions about what the overall value of big exchange mergers will be worth given the competition from electronic venues such as BATS, Direct Edge and Chi-X.
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Disclosure: The author is co-manager of the Fallen Angels Value Fund (FAVLX) which as of writing, owns Citigroup.
But the moment of actually writing that into the account books will trigger a "credit event" for those who value and insure countries' sovereign debt.
The value of exquisite penmanship may be fading in the digital age, but the bespoke writing instrument has remained a respected art form.
As of this writing, gold appeared set to close out the week with a half-percent loss in value but the final tally remains to be ascertained later on in the day.
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