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To: rllee who wrote (38326)6/17/2010 9:55:52 PM
From: Spekulatius  Read Replies (1) | Respond to of 78719
 
re HFBC - where is the loss ? - this is a cash flow statement. As with all financials a cash flow statement is totally meaningless. This just means that they invested in some loans, which is their business.



To: rllee who wrote (38326)6/17/2010 10:22:39 PM
From: Dan Meleney  Respond to of 78719
 
HFBC...the big loss they had ($5M)was a few quarters ago and was a complete writeoff of goodwill, so it had no cash impact.


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