Paper instructions:
http://viewer.zmags.com/publication/95cbd4ae#/95cbd4ae/28
After reading the article answer the questions:
1. Comment on the article
2. The author of the article has noted that œThe US Congress, as well as many other commentators, believes that fair value accounting has aggravated the recent financial crisis Do you agree? Why or why not?
3. What do you feel the SEC and FASB Boards needs to do to help the economy recover from the current financial crisis?
