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Non-Tech : Raptor's Den

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To: velociraptor_ who started this subject	8/7/2002 9:08:40 AM
From: Baldur Fjvlnisson	of 10157

Citigroup has only 204 billion in off-balance-sheet debt financing and JP Morgan Chase has only 75 billion. Credit card issuer MBNA has only 10 times its shareholder equity in such an arrangement. The Financial Accounting Standards Board is yet to decide whether this debt should be moved back into plain view – with all its implications for the bottom lines of important financial institutions.

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