Warren Buffett's Regulatory Forebearance

Ending marking to market is not the solution (it is the equivalent of ignoring a problem). This came up in class today, I totally agree. It is not perfect, but at least will keep the balance sheets somewhat accurate (ok, more accurate than they would be if we end marking to market).Warren Buffett's Regulatory Forebearance: "...proposals to solve this problem have focused on either attempting to