Bernanke Q&A: 'Very Cautious' About MTM For L-T Loans
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Market News International | Thursday, September 2, 2010 |
WASHINGTON - The U.S. accounting standard setting body is still collecting comments on its proposal to apply fair value accounting to all financial instruments, and Federal reserve Chairman Ben Bernanke said during his Financial Crisis Inquiry Commission hearing Thursday that it is not the best idea for long-term loans.
