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Anthracite Capital, Inc. Message Board

  • wheelbarrowme wheelbarrowme May 20, 2009 1:27 PM Flag

    Getting Rid of 'Mark to Market' -Was Phony Value

    Just like crazy high house prices, AHR's 'mark to market' for the REIT's assets was not realistic or an honest valuation. Getting rid of 'mark to market' accounting will improve the financial picture drastically. I won't sell my house for some ridiculous low value; will sit on it for many years until inflation kicks in from Government spending.