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Kunst's
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The things that really make investing profitable are the "facts" everyone knows that turn out not to be correct. Others say all the banks are bankrupt, their equity wiped out by the decline of leveraged assets. If banks are healthier than we have been assuming -- even if they still have problems -- the economic situation six months from now could be a lot sunnier than today.
Jan 03 02:20 am
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All Comments by Kunst »Bank Losses Are Not as Bad as We Feared [View article]