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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (51005)1/24/2006 1:07:45 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
"..that Bank of America went to bush, made it where the people cant write off the loans - therefore by law the banks cant write off the loan - therefore no bad earnings - foreign money keeps coming in - so like japan - all these loans will stay on the books and never be written off"

Damn you are good. So the fundamentals again will be flawed and people will be fooled by a perceived strong balance sheet and nice GAAP earnings? Meanwhile watch the charts for the end game...