Bob Carl

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    • Mon Mar 10th 11:40 AM | Rating: 0 0
      Commented on:
      Dick Bove Says Banking Is Sound - Time to Buy Financials?
      The decrease in consumer wealth due to the collapse in home equity is a huge negative for 2008 versus 2007. I do agree that much of the panic in banking is due to inane accounting that - in effect - relies on market sentiment rather than rationality in valuing financial assets.
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