Haunting In Connecticut (Accounting Style) and of course, Happy Thoughts

Posted by Jonathan Miller -Monday, April 6, 2009, 4:27 AM
3 Comments

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?

3 Responses to “Haunting In Connecticut (Accounting Style) and of course, Happy Thoughts”

1. Mike says:

   April 8, 2009 at 3:18 pm

   Sounds great!! Did anyone jump out of the window? Very good stuff looking forward and hope I can contribute at some point.
2. maureen burns says:

   April 12, 2009 at 1:16 am

   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.
3. Jonathan Miller says:

   April 12, 2009 at 8:08 pm

   Thanks Maureen! Feel free to make suggestions on topics you feel need to be examined.