Good Will Impairment = $0.00 for Banks?

Discussion in 'Economics' started by Broken_Trades, May 8, 2009.


    I get the basics of this intangible asset 'goodwill'.

    As I understand the accounting, it's the intrinsic value built into the company and is carried on the balance sheet as an asset.

    How on earth can some of these banks still be carrying the same goodwill asset valuation?

    Maybe some of you more knowledgeable traders & investors can set me straight here