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Nessie000 Posted 17 years ago
Grammar
'Yet some financial analysts are still fretting that...'
Hi,
Please have a look at this:
Yet some financial analysts are still fretting that GE Capital’s portfolio may contain more nasty surprises. They point out that the business does not mark many of its assets to their market price—a practice that has blown huge holes in the finances of many big banks
=> What does the bold part mean? Does it mean that GE Capital's portfolio is not transparent (the company doesn't make known of it to the public), and so people distrust them (like the case of many banks)?
Many thanks,
Nessie
Please have a look at this:
Yet some financial analysts are still fretting that GE Capital’s portfolio may contain more nasty surprises. They point out that the business does not mark many of its assets to their market price—a practice that has blown huge holes in the finances of many big banks
=> What does the bold part mean? Does it mean that GE Capital's portfolio is not transparent (the company doesn't make known of it to the public), and so people distrust them (like the case of many banks)?
Many thanks,
Nessie
Top answer
You should be asking this question on a forum for Accounting, Business, or Economics! No. Absolutely not!
- You should be asking this question on a forum for Accounting, Business, or Economics!
- No.
- Absolutely not!
- It has nothing to do with transparency.
- As I understand it (and be sure to check with a few experts in accounting before accepting this in its entirety), GE is assessing the value of many of its assets on the basis of something other than what the assets would be worth in the marketplace if they were to sell them immediately -- perhaps on the basis of what these assets cost them when they bought them in the past.
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2 Answers
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You should be asking this question on a forum for Accounting, Business, or Economics! 
Does it mean that GE Capital's po
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Thank you very much, CJ 
Things are very clear now
I think you're right that I should ask such questions in a forum for economics (I'm learning business English, you know), but I wonder if in such forums where people discuss economics-related matters, my question
Things are very clear now I think you're right that I should ask such questions in a forum for economics (I'm learning business English, you know), but I wonder if in such forums where people discuss economics-related matters, my question
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