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Bank of America Corporation Message Board

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  • obsessedwithbreasts obsessedwithbreasts Feb 11, 2009 4:36 AM Flag

    "Mark to Market" is not going away


    Geithner didn't mention any specifics. That's why the market tanked.
    The Fed knows to get the economy going, you got to get the banks to start lending again. The banks aren't lending any money now, business can't get credit. It's a domino effect.
    If they can relax the M to M rules so that the banks aren't bleeding to death on the books, they will start to lend money again.

    This topic is deleted.
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