On Kudlow there was a little talk of a possible mark to market change and JPM went higher, SKF and FAZ went down fast. I think JPM goes higher tomorrow......rhoughts.
M2M is a lose lose situation,Not passed then long disappointed, if passed then short goes wild because we know banks and JPM has no integrity on balance sheet anymore.
so change mark to mark to mark to LIE and the bankers will be happy! Will it really make a difference? No, the system has crashed