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Overnight Open Thread

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Occasional Reader4/02/2009 8:34:38 am PDT

re: #1061 buzzsawmonkey

It’s my understanding that if the mark-to-market rules had been eased last summer, the entire subsequent meltdown—or most of it—would have been avoided.

I was always a little confused as to why Marky Mark is so important to the global financial system, but 3wood knows a lot more about this stuff than I do.