4 ms·
Moving from unrealized to realized cost faster, sure is worse to a quarter, etc, but eventually it will all be realized. It is on their balance sheets in some w
by brokentone 9y ago
Moving from unrealized to realized cost faster, sure is worse to a quarter, etc, but eventually it will all be realized. It is on their balance sheets in some way regardless. The bigger picture is that human capital to assess all the claims is quite expensive and having to spend 8x less on that is a benefit to them.