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AMI walking dead bloomberg.com/news/articles/…
OTOH how do you value compromising information on the President of the United States on a balance sheet?
An answer from a 🔒 friend: “LOCOM (Lower Of Cost Or Market) for GAAP but if you want to mark-to-market you drop it down into a fully owned shell subsidiary and then mark that subsidiary as Available For Sale. People should be glad I only use my powers for good.”
