Very good analysis. But I think the problem now is probably bigger than what appeared as judged by Fed's actions. There will be further writerdowns because their books have a lot revenue they can not get it back. [#4347884@0 -ROLIA.NET 相约加拿大网上社区 之 枫下论坛 & 枫下部落, 枫下论坛主坛 ]
Very good analysis. But I think the problem now is probably bigger than what appeared as judged by Fed's actions. There will be further writerdowns because their books have a lot revenue they can not get it back.
by
zhu
(TOWNCENTRE)
at
2008.3.22 05:01
(#4347884@0)
especially firms like Countrywide and WM. I think one article in G&M has a good point in it.