I was just listening to a report about the latest attempts by governments to relieve banks of their “toxic” assets. The problem is, apparently, that banks are reluctant to sell because they are unable to value these assets. Old new, perhaps, since that ignorance was part of the cause of the problem. The trouble is now that the banks have a sneaking feeling that they may be selling too cheap and losing out. These people just can’t get it right, can they?
