Briefly Noted: FAS 157, JP Morgan, Deal Points Study

SEC Chairman Cox thinks mark-to-market (FAS 157) is a good system, says the New York Times.

Reuters reports that the JP Morgan / Bear Stearns merger has survived a court challenge.

The Harvard Corporate Governance blog provides the full text of the ABA report on merger agreement terms, aka the "Deal Points" study. As well as the full text of the court's opinion in JP Morgan / Bear Stearns matter.