Not Practical To Tell The Truth by MISH

ARTICLE ON WHY THE FASB RULES HAVE BEEN POSTPONED TO KEEP BANKRUPT COMPANIES' BALANCE SHEETS LOOKING ACCEPTABLE UNTIL NEXT YEAR AFTER THE ELECTION The Fed, now in continual panic mode, Extends Emergency Borrowing Program http://globaleconomicanalysis.blogspot.com/2008/08/not-practical-to-tell-truth.html