re: #270 ThinkRight

Thank you for the kind words and I will do my best to keep you folks informed.

More and more pro’s in the market are scratching their heads and wondering why the Treasury and the SEC do not drop the “Mark to Market” valuation model. The failure of the policy makers to make this move is contributing a lot to the volatility in the market.

Watch for a big deal to be announced today about the Fed’s buying about a 40% common stock position in Cititgroup at the cost of hundreds of billions. They could accomplish about the same impact for free by dropping the “Mark to Market” model.