America's Banks: Are They Really Insolvent? [View article]
There will be a time in the near future, after we've inflated the crap out of our economy and seriously devalued our dollar, that assets will have the be 'written up'. But of course, nobody talks about it. Yet.
Somehow people are convinced that banks will never lend again, nothing will improve again, and the stock market will go to zero.
On Feb 12 08:11 AM TimjBaker wrote:
> I wonder though, if we mark back up the performing assets that have > been marked down due to mark-to-market rules, what would the results > be? Would it add enough back to equity to assist in absorbing the > losses?
America's Banks: Are They Really Insolvent? [View article]
Somehow people are convinced that banks will never lend again, nothing will improve again, and the stock market will go to zero.
On Feb 12 08:11 AM TimjBaker wrote:
> I wonder though, if we mark back up the performing assets that have
> been marked down due to mark-to-market rules, what would the results
> be? Would it add enough back to equity to assist in absorbing the
> losses?