How can big, major banks show so much profits when they have $600+ billion (B) in "unrealized losses" on their books from their losses from their long term bond portfolios and now non-preforming mortgage? How does the FDIC advise the banks to treat these bond losses? Are the bonds assets and valued at purchased price until they mature in 10-20 years?
Awesome job Guys as always thanks so much
How can big, major banks show so much profits when they have $600+ billion (B) in "unrealized losses" on their books from their losses from their long term bond portfolios and now non-preforming mortgage? How does the FDIC advise the banks to treat these bond losses? Are the bonds assets and valued at purchased price until they mature in 10-20 years?