![]() BBC News |
The Fog of Bank Accounting Adjustments
New York Times By PETER EAVIS All companies emphasize the positive and underplay the negative. But banks may be taking this habit too far in their first-quarter earnings releases, many of which came out this week. Exhibit A is Bank of America first-quarter earnings … Bank of America surprises the Street Bank of America Beats Analyst Estimates as Trading Rebounds Bank of America bad-loan provisions at 2007 level |