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Barclays - The accounting games go on and on.
Comments
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That's exactly my interpretation.simytrader wrote: »This a scheme to bypass mark to market accounting pure and simple. It means Barclays no longer has to price its assets at current market values.
Thrugelmir - first it doesn't affect their balance sheet; then it does, but that's okay because mark to market would undervalue the assets... make you're mind up mate!0 -
Call me nuts but I sense a market trend shift coming very soon. Will be interesting to see where we stand by the end of Oct.0
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