ST Alpha - "even given the current state of banks being swamped by toxic assets?" (Reading a Post)

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even given the current state of banks being swamped by toxic assets?

Posted by znufrii Jan 30 '09, 07:05

in a normal situation I can see that you would be right, but as long as the banks have these bad assets on the books, they're not going to be able to do anything in terms of the accumulation of capital, because they need the funds to continue to mitigate those assets. It seems like pissing on a fire to me.

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- you're right, it was overly broad, when I should have tailored it more specifically to the current situation. my bad. -- nm - znufrii Jan 30, 07:19 1
  - [deleted]

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even given the current state of banks being swamped by toxic assets?

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