Asset Wealth Illusions Fade As Debt Defaults Continue

Banking Links – February 21, 2010

Plunging Commercial Real Estate Values Not Reflected On Banks Balance Sheets- WP

Does Foreclosure Assistance For The Long Term Unemployed Make Sense? – Bloomberg

Discount Rate Hike Meaningless To Savers As Rates Stay Low – Bloomberg

Insurers Of Municipal Debt May Face Huge Claims – Bloomberg

Pros Ponder Merit Of  Citigroup Stock – Barrons

Yield Starved Investors Face Big Risks In Long Term Bonds – WSJ

Drop The Payment Enough And The Foreclosure Problem Is “Solved” But Who Winds Up Paying The Bill? – NMN

Rising Rates May Hurt Bank Profits, Eventually – NYT

“Inflating Away The Debt” No Solution For Indebted US Government – The Economist

“High End Homeowners” Face Reality Of Non Bubble Pricing - LAT

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