southsider2k5

QUOTE (LittleHurt05 @ Mar 31, 2010 -> 09:58 AM) The depleted defense core with Campbell's injury & Johnsson's mystery "upper-body" injury are definitely hurting them, but overall the team looks slower, less agressive, and is making too many mistakes. Sharpie just gave his guy a free 1-on-1 last night on the last goal. As recent as a month ago, I heard people getting excited about the season finale vs. Detroit, thinking that it might be a do-or-die game for the Wings to even make the playoffs. Now with them closing in on at least a 5 seed, theres a better chance of that game deciding the Central Division, f***. At least the good news is that single game playoff tickets go on sale in 5 minutes. Its a concussion.

QUOTE (Jenksismyb**** @ Mar 31, 2010 -> 08:53 AM) The alt stuff was pretty boring until the Russian guy was shot in the eye. That made me go "oh!" outloud. As did Sun's "reveal." Pretty meh episode, but can't expect much after last week (and presumably next week). It's too bad someone posted that spoiler (with spoiler tags I know, but like I'm not going to read that!) otherwise the Desmond reveal would have been a little cooler. Really though the only choice for that "package" was Desmond, Hawking, or Faraday's ex-guinnea pig. I had actually thought it might have been the Kwon kid. How cool of a twist would it have been for her to be the candidate?

MIN CHW -3 CLE -15 KC -20 DET -32

QUOTE (Balta1701 @ Mar 31, 2010 -> 08:35 AM) Shouldn't you guys be posting this image? I'm glad someone got the joke!

QUOTE (qwerty @ Mar 31, 2010 -> 08:01 AM) Dylan was at one point the only five star rated poster for the longest time. Someone bumped him down to a four star recently it appears. Anyway, you are currently the only five star rated poster. How does that make you feel? Well he was...

QUOTE (Quinarvy @ Mar 30, 2010 -> 08:39 PM) Agreed. If anyone thinks Kirk is truly terrible, watch Pargo. The Bulls need to win out from here on if they want any shot at the playoffs. I would rather go with a rookie, or any of the third stringers. Hell play Acie Law.

I hate Jannero Pargo.

QUOTE (SockMe @ Mar 30, 2010 -> 06:26 PM) if u could get everyone to do it like how everyone wears Orange at Illini games then it would be awesome but I dont see it catching on. They did it in a day for the play in game.

This team is dead.

QUOTE (Brian @ Mar 30, 2010 -> 08:12 PM) P.S. Pissed at ABC for having that V countdown in the corner the whole time. Finat Season of LOST > Anything V Yeah, it pissed me off when I was having problems reading suns writing because of it.

It's about my penis, always

QUOTE (lostfan @ Mar 30, 2010 -> 07:04 PM) Anyone here Erykah Badu fans? Seen her new video Window Seat where she gets butt ass naked in Dealey Plaza? Dealey as in Dallas, or Daley as in Chicago?

lol, Widmore is going to show Jin his package...

Nice to see the Rusky again.

Interesting reappearance of the reprogramming room.

QUOTE (Chisoxfn @ Mar 30, 2010 -> 07:01 PM) To determine whether an asset value is correct, it depends on a whole slew of things and has to do with the valuation rules regarding investments (again part of FASB 157 and 117). It depends heavily on the type of security. If it is a publicly traded stock, easy, it is the ticker. If it is an equity fund that isn't readily traded, you typically get audited financial statements and utilize those to help determine the value of your investment (3 month lag is acceptable so if I was a company I'd most likely be utilizing the 9/30 interim statements as my mark to market for my 12/31/09 financial's; However a company needs to have a written policy if they are following that). Depending on the degree of difficulty you might need to go to an independent pricing service who will appriase the security and give you a rough estimate as to the value of the stock and than the company will document why they took the price they did (and we the auditors would than review it). If it is something where the intent to hold it is long-term, than it is a little different as you'd do a recover-ability test looking more at the future cash flow's, etc, but other triggers might force you to ignore the future cash flows and still write down to present value based upon various analysis). None of the above things I say have anything to do with SOX. Sure, under SOX, the company needs to document the controls they have in place to ensure that all of there securities are appropriately valued, but they only have to do that because guidance exists (and existed well prior to SOX) that you need to mark to market. Mark-to-market changed a bit in 2006 (mainly relating to the support needed and how to value investments without a readily determinable fair value) as did the disclosure requirements, but it also existed well before SOX was ever out there. This exactly what I am talking about with discounted loan valuations.

QUOTE (longshot7 @ Mar 30, 2010 -> 05:48 PM) I think they should get rid of the anthem before all sporting events. There's so much goddamn forced patriotism in this country............ Who is holding a gun to your head during the national anthem at a Hawks game.

QUOTE (RockRaines @ Mar 30, 2010 -> 07:25 PM) He has Josh Fields disease. Complete suckage?

QUOTE (Chisoxfn @ Mar 30, 2010 -> 06:47 PM) No it is not. Then how are they judging if the asset valuations are accurate?

QUOTE (NorthSideSox72 @ Mar 30, 2010 -> 02:17 PM) Not in real time - on a daily basis. Real time marks on all assets are not possible. And as others have said, the Unrealized P&L aspect, risk and asset valuation, are not what cause the savings here. Banks can't make this loans without showing a loss. Banks can't take losses on assets because of their capital requirements. Not having to subsidize these loans is absolutely what the savings comes from.

QUOTE (Chisoxfn @ Mar 30, 2010 -> 01:41 PM) Sox had nothing to do with mark to market. Mark to Market Accounting began in 1993 with FAS 115 (well before Sox). It was than superseded by FAS 157 which came out in 2006 (4 years after Sox). FAS 157 came out due to the situation's associated with the beginning of the Mortgage/Real Estate crisis, not Sox. FAS 157's big impact was associated with the disclosures and types of analysis that needed to be performed on those hard to "value" securities which don't have readily determined market values. I'm really really familiar with FAS 157 because I was in charge of auditing the entire mortgage loan portfolio with a company which had 111B in total assets, 4B of which were mortgage loans. mark to market is the standard by which those controls are judged.

This is going to be legen... Wait for it... dairy

What is the score and inning?

QUOTE (ScottyDo @ Mar 30, 2010 -> 01:26 PM) Have they announced the rotation order yet? I mean, 1, 2, and 5 are set but will it be Danks-Floyd or Floyd-Danks? Floyd Danks

QUOTE (JorgeFabregas @ Mar 30, 2010 -> 01:09 PM) I'll bet dollars to donuts the subsidy existed before Sarbanes-Oxley. The loans still needed to be subsidized so that the banks would loan at below market rates (and so that student wouldn't be charged interest while they're in school). Why you're obsessed with the accounting angle is a mystery to me. People are asking where the savings comes from, and why the subsidy is needed. That's where the accounting stuff comes from. Its not an obsession, is the the explanation.