This excerpt taken from the MAKO 10-Q filed Nov 7, 2008.
Determining the Fair Value of a Financial Asset When the Market for That Asset Is Not Active (FSP 157-3) which clarifies the application of SFAS 157 in an inactive market and illustrates how an entity would determine fair value when the market for a financial asset is not active. FSP 157-3 is effective immediately and applies to prior periods for which financial statements have not been issued, including interim or annual periods ending on or before September 30, 2008. The implementation of FAS 157-3 did not have a material impact on our financial statements.
Other than as described above, there have been no significant changes in Recent Accounting Pronouncements during the nine months ended September 30, 2008 as compared to the Recent Accounting Pronouncements described in our Form 10-K.