The boards propose to further disaggregate assets and liabilities within each category into short-term and long-term based on a one-year time frame that would replace the current distinction 12. Lawrence Kudlow, “’The AIG Outrage: The Government Shouldn’t Run Anything. Because It Cannot Run Anything,” National Review Online (March 17, 2009), http://article.nationalreview.com/?q=Yja0ODRIOWIyMjU5ZjUxMTBkMTEwYihkNjQ4OGYwNGU=.