$5 Trillion Hidden Off Bank Balance SheetsQuicklink submitted by Sheila Samples Permalink
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|Accounting changes could force US banks to take thousands of billions of dollars back on to their balance sheets in the coming months in a move that is likely to curb further their lending and could push them into new capital raisings. The absurdity is not $5 trillion coming back on bank balance sheets, but with accounting rules that let banks hold this much stuff off balance sheets in the first place.|
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