Tuesday, March 24, 2009

Toxic Asset Marks?

If Goldman is right (not necessarily the case), the average carrying value for banks on Comm. Mortgages is just 95%. Surprisingly, C&I loans is even HIGHER at 96%. BAC, for example, is carrying Comm. Mortgages at 100%!, so is Citi!

Hotel Tango ZeroHedge.blogspot.com - go check out his site for the chart

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