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Raymond James Financial, Inc. Message Board

  • najoaby najoaby Apr 22, 2009 4:21 PM Flag

    loan loss provisions will need..

    to be ramped up considerably to cover losses...most of their cash will be needed to cover loss provisions on the CDO's..will need to go outside for more capital..dilutive stock offering..whole loans are being booked at full value...company not yet recognizing the loan loss impact ..todays numbers should be the first start of the capitulation from the company in dealing with these rapidly eroding assets.

 
RJF
57.56-0.17(-0.29%)Dec 26 4:01 PMEST

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