James Kwak over at Baseline has an post about the accounting treatment of Bank of America and Fannie Mae; quoting John Hempton: If Bank of America were to provide at the same rate its quarterly losses would be 50-80 billion and it would be completely bereft of capital – it would be totally cactus. It [...]
Archive for November 9th, 2009
Policing the Police
Posted in Basketball, Corruption, Housing Policy, Labor Policy, Meltdown, Obama, Soccer on November 9, 2009 | 3 Comments »
