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In case my point was not obvious enough, see this comment in the thread. And in case you're still in doubt, go read gjonhsit's diary

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Jun 1st, 2009 at 03:52:11 PM EST
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Their independent auditors will make them evaluate their loan portfolio each quarter and prove the value of the assets and the loans will be adjusted to their net realizable value based on MTM accounting standards...

I'll have "wishful thinking" for 200, Alex.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Jun 2nd, 2009 at 06:03:58 PM EST
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