User talk:Wikifinster

Hi there. The statement on [MLEC] that "Mark to model" is similar to the Enron fraud is quite a bold one. Do you have a citation? Current US accounting standards (FASB 172) say that "Mark to Model" is the correct way to account for illiquid instruments where model inputs are observable in the market but prices are not. It is certainly controversial and probably open to abuse, but to say that it is similar to a specific fraud is a claim that really needs substantial citations I would think. Thanks Seanhunter 08:56, 29 October 2007 (UTC)