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Bankers Association president: don’t believe the hype, Colorado banks healthy

Consumers and investors are anxious about the economy and the stock market, but loans are still being made and return on investment is still possible at Colorado banks, says the president of the Colorado Bankers Association. “Public perception is that there isn’t any credit available,” said CBA President Don Childears, “but banks chartered and headquartered in… Continue Reading Bankers Association president: don’t believe the hype, Colorado banks healthy

FASB to review mark-to-market

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Economists and financial analysts vehemently disagree about bailouts and which sort of regulations work or don’t. But now many agree – from investor Warren Buffett to Republican Steve Forbes to Democratic economic adviser Mark Zandi, to name a few – that mark-to-market accounting “exaggerates losses and results in tighter lending when it is used to… Continue Reading FASB to review mark-to-market

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