RC, I tend to agree that the banks will spin their results as positive as possible and hide the bad news as deep as possible in their books. For example, Goldman S have sold off a company just recently and the spin is that this is part of normal profit for them. As Encinya recently commented, in the USA best practice is often malpractice..
close range tuesday, page-3
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |