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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: reaper who wrote (179402)7/12/2002 11:23:40 AM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Reaper, a question on KRB (yes on the earnings release, I know the 10-K should provide greater "clarity"):

How do they REDUCE reserves for credit losses while their delinquencies, net credit losses and outstanding loans are all rising? Their disclosure is so spotty, it's hard to find the rationale for this (presuming there IS one).

biz.yahoo.com

Disclosure: NO position on MBNA.
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