Global Economic Crisis Discussion Questions
Article: Banks Get New Leeway in Valuing Their Assets, by Floyd Norris, The New York Times, April 2, 2009
  1. Why did the banks need new rules for how to value their assets, according to the article?

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  2. How will the new accounting changes provide financial relief to banks?

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  3. Although the new accounting rules may provide immediate financial relief to troubled banks, what may be some of the unintended negative consequences of the rule change?

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