No equity was wiped out...it was transferred

Discussion in 'Economics' started by peilthetraveler, Sep 4, 2008.

  1. Where it gets interesting is when one leaves the two sided ledger.....and examines valuation without transaction.....and thus the associated accounting issues with regards to legal disclosures......
     
    #11     Sep 6, 2008
  2. Good thing real estate isn't marked to market.
     
    #12     Sep 6, 2008