Exact(1)
We wrote a book with an entire chapter on Wells Fargo and an entire chapter on American Express, which are two good examples of companies that we think are going to face hideous losses and do not currently have enough equity and loss reserves on the their balance sheet to cover all of the losses, which is why many people are short those stocks.
Similar(59)
"The more they buy, the bigger their balance sheet, the bigger the loss they're going to face".
In the cloud their balance is shot to hell.
I love the balance in their gestures.
One has to question the balance of their reporting.
That tipped the balance in their minds.
Now the liabilities could end up on their balance sheets.
Paul Krugman: The balance of payments always balances.
Their showings might hold their futures in the balance.
Participants failed the balance test if they moved their feet, unfolded their hands, opened their eyes, or required the operator to intervene to maintain their balance.
Then their loan balances will be forgiven with no taxes due on the unpaid balance.
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