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by bradleyjg 1180 days ago
If only one thing comes out of this debacle it should be a ban on hold to maturity accounting practices.
3 comments

When Is a “Mark” Not a Mark? When It’s a Venture Capital Mark

https://a16z.com/2016/09/01/marks-offmark/

That is almost surely an excessive reaction.

Limits (possibly to include prohibitions) on using H2M accounting to back demand deposits would be a more targeted (and therefore appropriate) intervention.

...no, I really don't think that follows.