Is the financial community in the U.S. in agreement with the current U.S. GAAP standards as to how to present investment at fair value (often called mark-to-market accounting)? What impact did these standards have in the 2008 financial crisis? Reaserch this on the Internet and summarize what you find.

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Gigantic misfortunes detailed by monetary foundations on subprime resources have prompted enthusiastic discussion over the suitability of reasonable worth or imprint toadvertise bookkeeping The financ... View the full answer