Comments on: Isaac on FASB’s Mark-to-Market Proposals http://taxesandbudget-blog.ncpa.org/isaac-on-fasbs-mark-to-market-proposals/ Insights on Taxes, Economic Policy, Federal Budget | NCPA Tue, 16 Mar 2010 17:24:04 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: anon http://taxesandbudget-blog.ncpa.org/isaac-on-fasbs-mark-to-market-proposals/comment-page-1/#comment-9716 anon Tue, 31 Mar 2009 20:46:57 +0000 http://www.bob-mcteer-blog.com/?p=712#comment-9716 "BIS, paper by Ingo Fender and Martin Scheicher claims that declining risk appetite and heightened concerns about market illiquidity have provided a sizeable contribution to the observed collapse in ABX prices since July 2007. Importantly, observed ABX prices are unlikely to be good predictors of future default-related cash flow shortfalls on outstanding subprime MBS, especially for those at the higher end of the capital structure." see <a href="http://www.aleablog.com/the-pricing-of-subprime-mortgage-risk-in-good-times-and-bad-evidence-from-the-abxhe-indices/" rel="nofollow">here</a> “BIS, paper by Ingo Fender and Martin Scheicher claims that declining risk appetite and heightened concerns about market illiquidity have provided a sizeable contribution to the observed collapse in ABX prices since July 2007. Importantly, observed ABX prices are unlikely to be good predictors of future default-related cash flow shortfalls on outstanding subprime MBS, especially for those at the higher end of the capital structure.”

see here

]]> By: Chris http://taxesandbudget-blog.ncpa.org/isaac-on-fasbs-mark-to-market-proposals/comment-page-1/#comment-9712 Chris Tue, 31 Mar 2009 17:43:01 +0000 http://www.bob-mcteer-blog.com/?p=712#comment-9712 Bob, Saw you in Dayton, OH at the R.I.S.E. conference. I just wanted to say you did a great job, and I appreciated your comments about the inadequacy of the stimulus package along with everyone else in the audience! Bob,

Saw you in Dayton, OH at the R.I.S.E. conference. I just wanted to say you did a great job, and I appreciated your comments about the inadequacy of the stimulus package along with everyone else in the audience!

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