Extra Credit, Wednesday Edition

Morgan Stanley and the $7 Billion Unknowable: Commercial mortgages are now mark-to-model Level 3 assets.

IMF Sees World Growth Slowing, With U.S. Marked Down: But the US will avoid a recession, it seems.

Lessening the Reliance on VaR: It’s About Time

Accenture’s next champion of waffle words: “We are changing the name of the Human Performance service line to Talent & Organization Performance, effective immediately.” Really.

SocGen: C’est Le Takeover Time? The French banks jockey for position.

Société Générale Crisis Management Flowchart Tool

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