The question was, should we write them down or not?
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You should be able to write down your answer in no more than three sentences.
To make this work, banks should be allowed to write down the loss.
Instead, he said those who want to lose weight should set realistic targets and write down everything they eat and drink.
Publicly created money without interest should be issued by governments to write down un-repayable debt and restart or stimulate stalled economies.
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And banks would be forced to write down loans at once should the market judge their credit quality to be impaired.
They cannot agree on who should bear the cost of today's crisis: should it be creditors (through a write-down), debtors (through austerity) or the Germans (through transfers to the south)?
BlackRock said that based on its evidence, local government debt levels should be manageable even if state banks were forced to write down significant amounts of non-performing loans because of real estate.
At the sovereign level the same logic should apply to hopelessly bankrupt Greece: it needs a debt write-down.
He also makes the point that the scale of write-down suggests substantial sums awry in the Autonomy accounting procedures and should be easy to characterize.
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The next time you are in a meeting you should try observing someone on your team even for just a few minutes during the meeting and write down behavioural feedback on that employee.
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