[butlerweave]

$900 million lose during a Clinton Presidency

[Alberta's Child]

Based on what I know, I'd say there's a good chance that the losses were reported in 1995 because changes in the Federal tax code that year made it advantageous to do so. If you remember, the Federal tax code changed considerably in 1995 after the Republicans gained control of both houses of Congress in 1994.

I saw examples of this while researching some old records about commercial real estate transactions in 1987. Apparently the tax reform legislation of 1986 included changes that drove real estate investors to make changes to their holdings for tax purposes.