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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Reaper who wrote (81706)	7/17/2008 10:04:22 PM
From: bullbud	Respond to of 116555

The bigger question is, why California banks? I don't think they have a corner on the toilet market. Pretty much all banks are in the same boat. I think!

To: The Reaper who wrote (81706)	7/17/2008 10:45:29 PM
From: Sr K	Respond to of 116555

"allowance for credit losses" is an income statement line and can be affected by a prior under- or over-accrual. "non-performing assets" is a balance sheet line and it also can be affected by a prior under- or over-accrual. My first reading was muddy. I might take another look later.