Progressive Stocks

[stills999]

I was laughing but ran out of posts to reply last night! For SAN, all I want to know is if the 44% (on page 9 at the front and page 32 at the end section) indeed really means that 44% of consumer loans are non-performing (and are likely to be written off).

It seems so, and if so, it looks like the previsions address a big part of the time bomb in their portfolio of $55B Euros.

I think this is correct, and I'm also pretty bullish here.

(The baby had his vaccinations and was up all night ... I'm too tired to look at this more today, but we can revisit later!)