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
Merrill Lynch's Thain Places Noose Around His Neck [View article]
i agree. the point is, why say anything? if he does need more, people will hang him with these statements
no one is buying it anyway
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)
Financials: This Is What the Start of a Bottom Looks Like [View article]
agreed..
Merrill CEO Approaches Wachovia Without Board Approval; Grounds For Dismissal? [View article]