To: dennisw
FYI...Australia is just now writing down these things, while the US has been doing it for more than 6 months. Just wait.. China and the other Asian companies have loads of this stuff that they still have not written down.
2 posted on
07/26/2008 2:15:22 PM PDT by
Ron Jeremy
(sonic)
To: Ron Jeremy
FYI...Australia is just now writing down these things, while the US has been doing it for more than 6 months. Just wait.. China and the other Asian companies have loads of this stuff that they still have not written down.We aren't writing down or admitting these CMOs are only worth 10% of original value
They are being kept on the books as dubious crap with no numbers assigned to them
4 posted on
07/26/2008 2:27:12 PM PDT by
dennisw
(That Muhammad was a charlatan. Islam is a hoax, an imperialistic ideology, disguised as religion.)
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