Posts Tagged ‘Lipstick Effect’
Anyone experiencing the "lipstick effect"?
I made the mistake of turning on CNBC yesterday while the latest Congressional dog-and-pony show was on air. One of the politicians was questioning the Fed dude on the mark-to-market accounting doo-dad: "can marketing this mark-to-market help find a market for the mark?" WTF? Honestly, this economic meltdown is giving me wrinkles. And it looks [...]
