I've been at AES all weekend.  I'll get back to later today with
answers to this.

On Fri, Oct 3, 2008 at 7:57 PM, Robert Munn <[EMAIL PROTECTED]> wrote:
> 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.

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