[Mick]

I wonder if there are unrealized losses from illiquid assets that make the losses look less bad than they would be if they had to mark to market.

BC

There's probably a report, deep in the bowels of Stanford Finance, that confirms such a thing.

[Mick]

I wonder if there are unrealized losses from illiquid assets that make the losses look less bad than they would be if they had to mark to market.

BC

There's probably a report, deep in the bowels of Stanford Finance, that confirms such a thing.