if you’re a lender there’s an easy recipe for maximizing fake accounting income. And it goes like this. You need four ingredients: 1/ grow like crazy 2/ by making really, really crappy loans but at a premium yield (yield just means 'interest rate') 3/ while employing extreme leverage, 4/ and while setting aside only the most trivial reserves or allowances for the inevitable losses this kind of behavior produces." William Black
Were We Nuked on 9/11 and is Netanyahu Threatening War With Iran To Keep Us From Finding Out About 9/11?