On Fri, Dec 18, 2009 at 5:35 AM, Laurent GUERBY <[email protected]> wrote: > Unless I'm mistaken higher bank equity prices doesn't translate to more > bank capital as used for prudential ratios: the bank has to emit new > shares to get more capital (which is of course somewhat easier in a bull > market). In France the terms used are "capital social" for real legal > capital (money that really came in) et "capitalisation boursiere" for > number of shares multiplied by share price (something completely > virtual), I'm not sure what are the US equivalent terms.
I think the corresponding US terms would be "market capitalization" and "tangible equity". -raghu. -- "I used to do drugs. I still do drugs. But I used to, too." - Mitch Hedberg _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
