ST Alpha - "Why doesn't it do like all the banks and just ignore the elephant in the room? If you don't foreclose, it's not a loss, it's an asset!" (Reading a Post)

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Why doesn't it do like all the banks and just ignore the elephant in the room? If you don't foreclose, it's not a loss, it's an asset!

Posted by Mop (still 235lbs... on a good day) (aka rburriel) Aug 6 '09, 15:41

Of course, a balance sheet with a bunch of zeroes would look suspicious.

Mop

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