Tuesday, January 18, 2011

C Q4 2010 Loan Loss Reserves

Last time I checked home prices were not only double dipping but accelerating to the downside.  That begs the question other than trying to pad earnings why would loan loss reserves be shrinking?  Notice the trend below.  C just like JPM is betting that asset prices will rise in 2011 but the data doesn't support that.  


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