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User Info Koolaid iditots; entered at 2007-12-02 16:22:05
Genesis
Posts: 117640
Registered: 2007-06-26
$39 billion in a non-cash charge that you have to take because your ResCap portfolio is shredded to ribbons is still a real loss.

Credit = money = debt.

All fungible; trying to claim that "some losses don't count" is absolute horse****.
2007-12-02 16:22:05