Toxi assets are now worse?

[MrNick]

Toxic assets are now worse?

I've heard people talk about the "toxic assets have not been dealt with and are worse"

Do you agree?

 

[ArchPaul]

yes

 

[MrNick]

How so?

The suspension of M2M that is allowing banks to hide away these losses?
And the fact the government has allowed lending to continue to people who cannot pay back the loans?

 

[ChooseLiberty]

They're the same as they've always been.

Like garbage you need to take out, but instead you sprayed some air freshener on it.

 

[brandon]

The suspension of M2M that is allowing banks to hide away these losses?

We don't know for sure if they are "better" or "worse" because the market no longer prices them!

I'm guessing they are about the same.

I'm sure there are more of them out there now though. For example, I'm sure a big percentage of car loans given out to people participating in cash for clunkers will end up being "toxic assets"