What do ya know… even big government is opposed to suspending MTM:  From Reuters:

“On Thursday 3/12, OCC deputy Kevin Baily said in congressional hearing that he opposes suspending mark-to-market accounting rules to value bank assets, but said some minor revisions might be needed.”

We oppose suspension of MTM too, but it makes us uneasy to be on the same side as a growing socialist government, bent on controlling all assets by exploiting the current crisis.

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