I suspect they don't really want to know. They all just hope that bailout would lift the market and all their toxic assets would somehow regain "decent" values, and red ink in their balance sheet would disappear. I suspect that they are pretty sure that they are found to be broke if they do thorough inventory and mark them to current market price.
They don't really have the "luxury" to care at this moment that additional amount of astronomical debt piled up by rescue package would do the future economy.
To: TigerLikesRooster; PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
2 posted on
02/04/2009 9:21:43 AM PST by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
“The Obama plan calls for mega buck infusions for infrastructure to create jobs. Such may work fine for those unemployed from the construction sector,....”
Not if they do away with the E-Verify System, which they are very much intending to do!!
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