Quelle Surprise! Banks Increase “Mark to Make-Believe” Assets to $610 Billion
Banks are, if nothing else, entirely predictable. If there is a way to game the system, they will avail themselves of it.
Curious? Go read Yves Smith.
jonathan lundell
Quelle Surprise! Banks Increase “Mark to Make-Believe” Assets to $610 Billion
Banks are, if nothing else, entirely predictable. If there is a way to game the system, they will avail themselves of it.
Curious? Go read Yves Smith.