Now that the bailout bill has passed, I am wondering how Paulson is going to evaluate the assets we are going to buy. They keep throwing around "market value" and "above market value", but my understanding is that most of these assets have an effective market value of zero right now because no one knows how to price them.
So how are they going to determine what market value is? Maureen, anyone else with financial calculations experience, please chime in. I have no idea how they will evaluate this stuff, I just have an impression in my head that they are going to spend months and months unwinding all the derivatives in these assets. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:272264 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
