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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (263081)7/22/2010 2:09:29 PM
From: tejekRespond to of 306849
 
They have great discretion as to how to report losses.

After all this QE distortion of prices, they still need suspension of mark to market.

One of the banks I own in my IRA not only showed a profit but revenue growth as well. The US is in recovery albeit a slow one. And with China, India, and Brazil booming and if things are not as bad in the EU as was once thought, then the recovery should pick up steam. See 3 Ms report and listen to its CC.

Once again, the people on this thread are too negative.



To: Les H who wrote (263081)7/22/2010 3:47:26 PM
From: patron_anejo_por_favorRespond to of 306849
 
That's because the real elephant in the room is the bank's level III assets, and you never hear anything about those anymore from the pols, Geithner, or Bernanke. That's why M-T-M was suspended and the problem just sits there and festers. That's why we will have a 20 year stagnation ahead. Got sake?


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