Haunting In Connecticut (Accounting Style) and of course, Happy Thoughts
Anytime a movie references “Connecticut”, it requires a mandatory reference in any of my blogs. This reference applies to the 5 FASB board members based in Norwalk, CT, whose members who were subjected to intense political pressures to relax Mark-to-market accounting rules.
Transparency becomes Opaque when you are scared to death.
I also discuss conversations with lenders and mortgage brokers in the past week and what constitutes a Happy Thought. Are we able to look at the housing world objectively with so much of it under duress?
Sounds great!! Did anyone jump out of the window? Very good stuff looking forward and hope I can contribute at some point.
First podcast I’ve heard. Thank you for your wisdom and honesty regarding the mark-to-market question. I agree that no-one knows the answer, but few are willing to admit this. I look forward to your future insights and balanced assessments on the market.
Thanks Maureen! Feel free to make suggestions on topics you feel need to be examined.