24 September 2008
Posted by James Breen at 9/24/2008 2:34:00 AM
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Randy, the number of people defaulting or probable to evade on their loans isn't 100%. It isn't even 50%. It's more like 10%-15%. The honest fiscal meaning of these credit portfolios has dropped by about 20%, but the trading worth has dropped tremendously more than that. Investment banks (but not commercial banks, apparently) are necessary by law to article the decrease in trading evaluate as a shortfall, which untold-sixes their carry merit and significantly downgrades their repute rating. John, I do ..».
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Posted at 2:34 0 comments
20 September 2008
Posted by James Breen at 9/20/2008 7:57:00 AM
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20 September 2008
Posted by James Breen at 9/20/2008 12:05:00 AM
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15 September 2008
Posted by James Breen at 9/15/2008 5:33:00 AM
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Posted at 5:33 0 comments
10 September 2008
Posted by James Breen at 9/10/2008 1:39:00 PM
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