originalpckelly
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Tue Mar-10-09 11:05 PM
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Excuse me, but when did REVENUE become profit? |
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They have revenues, of course, but do they have a NET INCOME?
What the fuck is this bullshit? And it was if you removed the marks on their assets, which means that the mark downs weren't included in that. So it's very possible Citi has a loss due to the markdowns.
Someone please tell what the fuck is going on here?
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Double T
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Tue Mar-10-09 11:08 PM
Response to Original message |
1. Selective creative phony accounting allows an entity to produce....... |
girl gone mad
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Tue Mar-10-09 11:10 PM
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Pandit claims they made some money, as long as you ignore all of the toxic assets that they're losing money on.
I guess getting free money from the government every few months is what passes for a great business plan these days.
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elleng
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Tue Mar-10-09 11:16 PM
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5. well, thats the 'good' bank vs. the 'bad' bank, eh? |
PBS Poll-435
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Tue Mar-10-09 11:10 PM
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elleng
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Tue Mar-10-09 11:14 PM
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4. Is THAT what all the hooohaaa was about today? |
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Edited on Tue Mar-10-09 11:18 PM by elleng
.Creative accounting?
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Pirate Smile
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Tue Mar-10-09 11:51 PM
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BuyingThyme
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Tue Mar-10-09 11:52 PM
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7. With the coming of Joe the Plumber. |
JackRiddler
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Wed Mar-11-09 12:25 AM
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readmoreoften
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Tue Mar-10-09 11:54 PM
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8. Everyone rallies because they think everyone else is going to rally even though they know it's crap. |
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Just like everyone knew the housing bubble was crap. Everyone's just psychologizing the market. Legalized gambling.
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DU
AdBot (1000+ posts) |
Fri May 03rd 2024, 12:38 PM
Response to Original message |