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	<title>Comments on: Even FASB thinks FAS 157 is Stupid</title>
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		<title>By: sale</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-439183</link>
		<dc:creator>sale</dc:creator>
		<pubDate>Wed, 08 Jun 2011 16:16:00 +0000</pubDate>
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		<description>You wanna &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt;designer handbags&lt;/strong&gt;&lt;/a&gt;? Or &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt;cheap u00a0designer handbags&lt;/strong&gt;&lt;/a&gt;? Me too. Here I tell you some brands of my choice. &lt;strong&gt;&lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;Chole u00a0bags&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;coach bags&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;hermes bags&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;jimmy choo&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;longchamp&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;marc by marc Jacobs&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;miu u00a0miu bags&lt;/a&gt;&lt;/strong&gt; and&lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt; mulberry bags&lt;/strong&gt;&lt;/a&gt; are all my taste. you can choose to buy bags when u00a0there is a sale. For example, you can get cheap coach bags when thereu2019s a coach u00a0bags outlet or hermes sale. Of course, you got hermes handbags from hermes sale u00a0and &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;jimmy choo handbags&lt;/a&gt; from &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;jimmy choo outlet&lt;/a&gt;. You can also buy a half price u00a0&lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;chole handbags&lt;/a&gt; or &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;marc by marc Jacobs handbags&lt;/a&gt; on due time. The price of u00a0&lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;longchamp bags&lt;/a&gt;, &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;miu miu handbags&lt;/a&gt; or &lt;a href=&quot;http://www.designer-handbags-onsale.com&quot; rel=&quot;nofollow&quot;&gt;mulberry handbags&lt;/a&gt; is originally cheap. You u00a0will find it much cheaper when you get some sale information for longchamp le u00a0pliage or alexa mulberry bag. Any way, try to get sale information. Happy u00a0shopping!nn&lt;a href=&quot;http://www.mencalvinklein.com&quot; rel=&quot;nofollow&quot;&gt;calvin klein men&lt;/a&gt; underwear, &lt;a href=&quot;http://www.mencalvinklein.com&quot; rel=&quot;nofollow&quot;&gt;calvin klein mens&lt;/a&gt; brand u00a0 awareness in the world every u00a0 year In the continuous improvement, especially u00a0 in Spain, Brazil and other u00a0 countries is very hot. Google&#039;s search &lt;a href=&quot;http://www.underwearcalvinklein.com&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt;Calvin klein&lt;/strong&gt;&lt;/a&gt;, &lt;a href=&quot;http://www.underwearcalvinklein.com&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt;calvin kelin underwear&lt;/strong&gt;&lt;/a&gt;, &lt;a href=&quot;http://www.mencalvinklein.com&quot; rel=&quot;nofollow&quot;&gt;calvin klein u00a0 men&lt;/a&gt; are popular u00a0 keywords.n</description>
		<content:encoded><![CDATA[<p>You wanna <a href="http://www.designer-handbags-onsale.com" rel="nofollow"><strong>designer handbags</strong></a>? Or <a href="http://www.designer-handbags-onsale.com" rel="nofollow"><strong>cheap u00a0designer handbags</strong></a>? Me too. Here I tell you some brands of my choice. <strong><a href="http://www.designer-handbags-onsale.com" rel="nofollow">Chole u00a0bags</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">coach bags</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">hermes bags</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">jimmy choo</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">longchamp</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">marc by marc Jacobs</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">miu u00a0miu bags</a></strong> and<a href="http://www.designer-handbags-onsale.com" rel="nofollow"><strong> mulberry bags</strong></a> are all my taste. you can choose to buy bags when u00a0there is a sale. For example, you can get cheap coach bags when thereu2019s a coach u00a0bags outlet or hermes sale. Of course, you got hermes handbags from hermes sale u00a0and <a href="http://www.designer-handbags-onsale.com" rel="nofollow">jimmy choo handbags</a> from <a href="http://www.designer-handbags-onsale.com" rel="nofollow">jimmy choo outlet</a>. You can also buy a half price u00a0<a href="http://www.designer-handbags-onsale.com" rel="nofollow">chole handbags</a> or <a href="http://www.designer-handbags-onsale.com" rel="nofollow">marc by marc Jacobs handbags</a> on due time. The price of u00a0<a href="http://www.designer-handbags-onsale.com" rel="nofollow">longchamp bags</a>, <a href="http://www.designer-handbags-onsale.com" rel="nofollow">miu miu handbags</a> or <a href="http://www.designer-handbags-onsale.com" rel="nofollow">mulberry handbags</a> is originally cheap. You u00a0will find it much cheaper when you get some sale information for longchamp le u00a0pliage or alexa mulberry bag. Any way, try to get sale information. Happy u00a0shopping!nn<a href="http://www.mencalvinklein.com" rel="nofollow">calvin klein men</a> underwear, <a href="http://www.mencalvinklein.com" rel="nofollow">calvin klein mens</a> brand u00a0 awareness in the world every u00a0 year In the continuous improvement, especially u00a0 in Spain, Brazil and other u00a0 countries is very hot. Google&#8217;s search <a href="http://www.underwearcalvinklein.com" rel="nofollow"><strong>Calvin klein</strong></a>, <a href="http://www.underwearcalvinklein.com" rel="nofollow"><strong>calvin kelin underwear</strong></a>, <a href="http://www.mencalvinklein.com" rel="nofollow">calvin klein u00a0 men</a> are popular u00a0 keywords.n</p>
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		<title>By: Search Engine India</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-391298</link>
		<dc:creator>Search Engine India</dc:creator>
		<pubDate>Sat, 02 Jan 2010 15:58:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php#comment-391298</guid>
		<description>You know one thing, if you ask me a logical question, I see a lot of people or agencies, whatever you call it, thinks others are stupid and they are more intelligent. This is basic human nature..! </description>
		<content:encoded><![CDATA[<p>You know one thing, if you ask me a logical question, I see a lot of people or agencies, whatever you call it, thinks others are stupid and they are more intelligent. This is basic human nature..!</p>
]]></content:encoded>
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		<title>By: Jason Mendelson</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-2359</link>
		<dc:creator>Jason Mendelson</dc:creator>
		<pubDate>Sat, 04 Apr 2009 01:10:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php#comment-2359</guid>
		<description>I won&#039;t pretend to understand entirely if it&#039;s better or worse for the banks.  I think that some discretion is important in valuing non-public assets.  I can say without a doubt this is a major win for private equity and venture capital.  </description>
		<content:encoded><![CDATA[<p>I won&#039;t pretend to understand entirely if it&#039;s better or worse for the banks.  I think that some discretion is important in valuing non-public assets.  I can say without a doubt this is a major win for private equity and venture capital.</p>
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		<title>By: mr spot</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-2344</link>
		<dc:creator>mr spot</dc:creator>
		<pubDate>Fri, 03 Apr 2009 19:53:32 +0000</pubDate>
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		<description>i have to agree w/don.  bottom line, the issue is that one size/rule will not fill all from VC to banks but this does seems like a bit fat sellout on the part of the FASB.  I can&#039;t wait to see the spin the banks put on Q.091 (go early adoption!) results - and here i though that the auto makers jubuliant cries of &quot;we were only down 36% in March (note no mention of the bottom line there)!&quot; was good! </description>
		<content:encoded><![CDATA[<p>i have to agree w/don.  bottom line, the issue is that one size/rule will not fill all from VC to banks but this does seems like a bit fat sellout on the part of the FASB.  I can&#039;t wait to see the spin the banks put on Q.091 (go early adoption!) results &#8211; and here i though that the auto makers jubuliant cries of &quot;we were only down 36% in March (note no mention of the bottom line there)!&quot; was good!</p>
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		<title>By: DonRyan</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-2331</link>
		<dc:creator>DonRyan</dc:creator>
		<pubDate>Fri, 03 Apr 2009 14:48:48 +0000</pubDate>
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		<description>For long term holders of illiquid assets (like VC firms), the change is probably a good thing. After all, how do you value something no one else (or very few others) are doing. It&#039;s like trying to put a price tag on innovation (which is kind of what a term sheet is but I digress).  My main concern with this change is that banks will mark up garbage CDOs and such to fantasy levels so as to not trash their balance sheets. I just don&#039;t trust bankers to do the right thing.  To me, it&#039;s more of the same stuff that got us into this mess to start with and, by changing FAS 157, we&#039;ve said to the bankers that it&#039;s okay to put the best face on the crap you&#039;re holding. I&#039;m not in favor of the change. </description>
		<content:encoded><![CDATA[<p>For long term holders of illiquid assets (like VC firms), the change is probably a good thing. After all, how do you value something no one else (or very few others) are doing. It&#039;s like trying to put a price tag on innovation (which is kind of what a term sheet is but I digress).  My main concern with this change is that banks will mark up garbage CDOs and such to fantasy levels so as to not trash their balance sheets. I just don&#039;t trust bankers to do the right thing.  To me, it&#039;s more of the same stuff that got us into this mess to start with and, by changing FAS 157, we&#039;ve said to the bankers that it&#039;s okay to put the best face on the crap you&#039;re holding. I&#039;m not in favor of the change.</p>
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		<title>By: Jason Mendelson</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-2329</link>
		<dc:creator>Jason Mendelson</dc:creator>
		<pubDate>Fri, 03 Apr 2009 13:39:06 +0000</pubDate>
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		<description>Please see original post&lt;a href=&quot;http://www.jasonmendelson.com/wp/archives/2009/01/why-fas-157-is-stupid.phphttp://www.jasonmendelson.com/wp/archives/2009/01...&lt;/a&gt; /&gt; </description>
		<content:encoded><![CDATA[<p>Please see original post&lt;a href=&quot;<a href="http://www.jasonmendelson.com/wp/archives/2009/01/why-fas-157-is-stupid.phphttp://www.jasonmendelson.com/wp/archives/2009/01..." rel="nofollow">http://www.jasonmendelson.com/wp/archives/2009/01/why-fas-157-is-stupid.phphttp://www.jasonmendelson.com/wp/archives/2009/01&#8230;</a> /&gt;</p>
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		<title>By: John Fontana</title>
		<link>http://www.jasonmendelson.com/wp/archives/2009/04/even-fasb-thinks-fas-157-is-stupid.php/comment-page-1#comment-2328</link>
		<dc:creator>John Fontana</dc:creator>
		<pubDate>Fri, 03 Apr 2009 13:06:20 +0000</pubDate>
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		<description>Sorry, but what is FAS 157 about? </description>
		<content:encoded><![CDATA[<p>Sorry, but what is FAS 157 about?</p>
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