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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2459)5/24/1998 11:44:00 PM
From: CoffeePot  Read Replies (1) | Respond to of 2544
 
Why would their loans have a negative book value, the default rate on their portfolio seems to be in line with others in the industry-- please correct me if I'm wrong here. Shouldn't they be showing a profit soon on their U.S. holdings not accounting for the UK write of.