The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ChanceIs who wrote (132374)	7/8/2008 11:18:12 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

>>Good quality earnings. Now when their asset portfolio takes a dive, they get all bent out of shape about this "fair value accounting" stuff. Good accounting treatment to me......conservative and consistent. You know...consistent. As in privatize the gains and socialize the losses<< It's that simple Accounting 101 principle known as "Heads We win, tails you lose!"<NG>

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