Accounting change emerges in bailout debate
Critics of the Bush administration's Wall Street bailout plan say a change in how assets are accounted for on the books would help.
It is called "mark-to-market" accounting, and they want it to go away.
Minnesota Public Radio's Cathy Wurzer spoke with Terry Tranter, Senior Lecturer in Accounting at the University of Minnesota's Carlson School of Management, about the accounting practice and why Wall Street is talking about it.
- Morning Edition, 10/01/2008, 7:20 a.m.