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: Travis_Bickle who wrote (187623)	3/2/2009 2:59:17 PM
From: Perspective	Read Replies (2) of 306849

What is it with dipping GE? <g?> They are so heavily leveraged, it's a coin toss whether they're worth $10 or -$10. That's the problem here. So many of our corporations have such leverage on their balance sheets, carrying so many impossible-to-value assets, one can't possibly hope to get a read on their tangible value. Maybe that's why the restaurants keep going up - at least you can understand their balance sheet... `BC

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