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  • The Case for a Bounce [View article]
    What good is PE when the SEC issues the directive that all institutions can value their illiquid assets at whatever they feel (which they did). And then declaure this is not suspending market to market since these assets are not marketable to start with. Righto... socializing banks is also capitalism because you put capital in them. Gees, when the world needs trust and transparency they throw the balance sheet in the fire and hope we say it's all better now.
    Oct 13 00:24 am |Rating: 0 0
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