Nicolas Véron

Better to Keep Mark-to-Market Accounting

In this column, I examine arguments in the current controversy about fair value / mark-to-market accounting and its implementation in the banking industry. I conclude that it would be unwise to restrict the scope of fair value accounting as a short-term reaction to market developments.

Download Tribune_080421_en.pdf to read the piece in English, and Download Tribune_080421.pdf as published in French.

A Tale of Two Crises

In today's column, I look at the differences between the financial crisis in the US and what is happening in the financial sector in Europe. There are serious problems and risks on both sides of the Atlantic, but they are not the same.

Download Tribune_080407_en.pdf to read the piece in English, and Download Tribune_080407.pdf as originally published in French.