Reply to "same old story"

quote:
Banks complain they can't sell certain assets because of a lack of a market, but that the assets are not distressed and have strong cash flow.


The very fact that there is a lack of market shows that investors are unwilling to buy despite strong cash flows. Using adjusted book or asset value for reporting would look good in the financials, but if the banks need to sell the assets, they still have mark to market when they do valuation.

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