That is of course the standard excuse. In reality, since all the public banks have to report publicly on their finances, we already know which ones are fucked.
The real reason to not report this is of course to hide banks that are feeding from the public trough that don't need to do so.
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syntheid
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Date: 2009-03-05 01:24 pm (UTC)The real reason to not report this is of course to hide banks that are feeding from the public trough that don't need to do so.