UBS Plan Could Be the Road Map for Financials [View article]
itsjust,
i get that. my point is that by doing it that way they do eliminate future writedowns and have the "kitchen sink" event everyone is waiting for. at least in this way, investors can move forward with more clarity as to what the value of what is left is
Lehman's Earnings Bolster My Confidence In Goldman's [View article]
romeo,
I own shares of Goldman. hence the posted on them. MS proved today that weak international operation will hurt in this environment. MER may be in worse shape but have not looked at it yet. I never make upside price predictions (targets), who knows what the market will do in 6 months. I will speak to profits and thus stock prices tend to follow that. Target prices are just guesswork IMOP
UBS Plan Could Be the Road Map for Financials [View article]
i get that. my point is that by doing it that way they do eliminate future writedowns and have the "kitchen sink" event everyone is waiting for. at least in this way, investors can move forward with more clarity as to what the value of what is left is
UBS Plan Could Be the Road Map for Financials [View article]
if they sell chunks, they do not write if off, correct? if they "spin it", then they recognize the proceeds and get rid of the bad loans, right?
i am not a CPA but that seems logical... (not that logic and accounting are synonymous)
Lehman's Earnings Bolster My Confidence In Goldman's [View article]
I own shares of Goldman. hence the posted on them. MS proved today that weak international operation will hurt in this environment. MER may be in worse shape but have not looked at it yet. I never make upside price predictions (targets), who knows what the market will do in 6 months. I will speak to profits and thus stock prices tend to follow that. Target prices are just guesswork IMOP