http://www.huffingtonpost.com/robert-reich/the-sham-recovery_b_497439.html
"they can't really determine their own potential losses."
Nor can they admit them even if they determine them. They call them losses when they beg for bailouts, they call them assets when they make their financial reports. Most they call neither liability or asset- they just pretend they don't exist, or that they 'can only be valued at some future date'. Which will never arrive.
Their books are made of silly putty.
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