sábado, 4 de abril de 2009

Peter Schiff Vlog Report G20 mark to market abuse

Peter Schiff's daily vlog.

A few comments about the G20 summit, but he mostly discusses the new change in the Mark To Market rule. The rule has been rescinded to allow banks to hold their loans at face value if they are still being paid. Bad idea. Watch and learn why.

The full story is here:
http://www.youtube.com/watch?v=DqSmNyMM0K8

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