Tuesday, June 16, 2009

Banks Can Still Be Insolvent

Voltron says: As usual, Wells Fargo is being especially fast and loose with
"wishful thinking" accounting. They are expecting to have almost as much
earnings as their much larger competitors.

http://www.fool.com/investing/general/2009/06/16/dont-kid-yourself-banks-can-still-be-insolvent.aspx

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