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jasonfx

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Posts posted by jasonfx

  1. Some audit firms have a lot better track record than others.  A Chinese RTO that I am looking at in particular uses a well-known firm that handles many Chinese clients but (as far as I can tell) still maintains a clean record.  I wonder if at this point we have enough information to better trust the financials of companies whose auditors have a good track record -- or if this is just wishful thinking.

  2. http://www.npr.org/2012/06/21/155359393/bidders-get-feisty-over-foreclosed-homes

     

    BTW... It really seems that people are doing really stupid things now. I won't be one bit shocked if there is another wave. In my hometown, there are too many people that are dealing with too small of margins.

     

    Also noted by the NYTimes http://www.nytimes.com/2012/06/21/us/wests-home-prices-rebounding-as-availability-shrinks.html?hpw

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