We Nominate The Following SEC Comment Letter For An Oscar

If only everything having to do with the SEC was as succinct, concise and relevant. Via Broc Romanek. Original Link

Subject: File No. S7-23-09
From: William T McGonagall, III
Affiliation: Dungeon Master


November 23, 2009

I don't reckon none of them asset backed securities oughta be accounted for at alls. I reckon we ought not to mark them to market or anything. We oughta mark 'em to my butt

Sincerely,
William T. McGonagall, III