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  • Wall Street Breakfast: Must-Know News [View article]
    Is this quote from LEN management a ray of hope on the horizon?

    "...aggregate levels of impairment and losses are more the nature of clean up rather than reconciliation to unknown market conditions. We have done the heavy lifting on impairment and are now situated with stated assets that can and will produce improving margins when the rate of declining market pricing subsides. We are very confident that even with continued degradation of market conditions our stated asset base will not suffer nearly the levels of impairment we saw in 2007."
    Jun 27 12:23 pm |Rating: 0 0 |Link to Comment
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