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Woodshedder
Joined Nov 11, 2007
31,929 Blog Posts

EU Delays Write Downs for Banks Until the “Worst” of the Crisis Has Passed

CRONKITE Fri Jan 27, 2012 8:00am EST Comments Off on EU Delays Write Downs for Banks Until the “Worst” of the Crisis Has Passed

Accounting gimmicks 101; perhaps they should turn those write downs into profits… similar to what we have done.

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