To feel the vibrancy of Ho Chi Minh City, all you have to do is step out onto a bustling city street. Negotiating the roads, chock full of motorbikes and an increasing number of cars, can be daunting. But copy the fearless locals — they don’t break stride and never retreat — and put your fate in the hands, or throttle, of the city’s drivers who seems masterful at avoiding each other.
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Will a Mark-to-Market Fix Help Save the Banks?
To fix the banks, Washington needs to get toxic assets off their balance sheets. That’s easily said but not so easily done. One reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter