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Thanks to everyone for your responses to my post some time ago about American English, re proforma earnings and "taking a charge", and the follow-ups under other headings.

Here is one example of the latter from lead article of Fool for today(yesterday?)

Quick Takes

Cry for me, Argentina. FleetBoston (NYSE: FBF) reported a fourth-quarter loss after Argentina's financial strife forced the company to take a $538 million charge to offset the struggling country's currency devaluation. The company is taking an even larger charge to write off bad investments and shore up its loan reserve. The company is optimistic that its core financial services business will improve this year, with the company returning to double-digit profit growth by next year.

And it would seem that more than a few of us find it difficult to understand financial statements (some of them more than others) .



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