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Vanishing 'goodwill' erodes high-tech asset value

2/19/2009 02:00 PM EST
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lwirbel
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re: Vanishing 'goodwill' erodes high-tech asset value
lwirbel   2/19/2009 5:01:49 PM
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At least the goodwill writedowns in semiconductor companies represent tangible assets. With financial institutions, as the asset toxicity spreads from subprime to Alt-A to prime mortgages, it seems like there will be no end to writedowns. And I'm really worried that in both the financial and the tangible-asset business world, we are entering a spiral that just keeps going down and down. Yikes!

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