Mark to Market Accounting and the Financial Crisis
Once upon a time, in a land far away, there lived a king who was much loved by his loyal subjects. One of the reasons the people held him in such high regard was his insistence on honesty. This was a monarch whose court consisted not of sycophants but of thoughtful advisors who were not afraid to deliver bad news along with the good.
Complete Article: Mark to Market Accounting and the Financial Crisis
Stock Market Volatility
Dr. Kenneth J. Martin
If you have the feeling that the stock market in 2008 was volatile, you would certainly be right! In this article, I will discuss the market’s ups and downs, show some empirical data that validates your feelings, and reflect on what it means for the market and investors in 2009.
Complete Article: Stock Market Volatility
Current Conditions in Southern New Mexico
Christopher A. Erickson and James Libbin
Complete Article: Current Conditions in Southern New Mexico