Undercapitalization

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Banks needing capital, and other misleading statistics

May 29, 2008By

Right now, it’s a pretty good idea for investors to get a handle on the balance sheets of key financial institutions — in light of recent bank failures, and a looming spate of further failures ahead, grappling with capital adequacy and even the direction of future earnings is a key question.

3d rendering of a row of luxury townhouses along a street

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