Warren Buffett - Fix Mark to Market

Holman Jenkins Says Warren Buffett's Call to Suspend Mark-to-Market Accounting Could Relieve Undue Pressure on Banks - WSJ.com: "

there's still a chance to avoid a disastrous, taxpayer-financed government takeover of the banking system. The alternative, just as Mr. Buffett spelled it out, begins with forbearance on capital standards."

As I said in my post on February 16, I am AMAZED that this issue still goes unresolved. Fixing mark-to-market is such an obvious move. Makes you wonder if they want to end the crisis.