Government Taxes Prudent To Help Foolish With Mortgage Rescue Plans
Banking Links - March 8, 2010
Volcker Says - Keep Rates Low And Spending High - Bloomberg
Local Governments Seek To Renege On Bank Interest Rate Swaps - BI
Hard Times To Follow Reckless Fed Policies And Easy Bank Lending - Telegraph
Banks Facing Huge Losses On Mortgage Buybacks - Bloomberg
The EURO Will Survive Greece - It’s What Comes [...]
Bank Depositors Lose Millions As FDIC Finds No Buyers For 2 Failed Banks
Banking Failures in Florida, Illinois, Maryland and Utah Bring 2010 Total To 26
The weekly banking failures continue as regulators closed four more failed banks. The four failed banks for March 5, 2010 had total assets of $1.1 billion and total deposits of $1.0 billion. The cost to the FDIC Deposit Insurance Fund (DIF) for [...]
Latest Banking Failures - Rainier Pacific Bank, Carson River Community Bank
Banking Failures in Nevada and Washington Bring 2010 Total To 22
The weekly banking failures continue as regulators closed two more failed banks in Nevada and Washington. The two failed banks had total assets of $769 million and total deposits of $496 million. The cost to the FDIC Deposit Insurance Fund (DIF) for this week’s [...]
Graphic Look At The Sorry State Of US Banking
Quarterly Banking Profile December 31, 2009
The FDIC Quarterly Banking Profile for the latest quarter ending December 31, 2009 continues to show a banking industry struggling with record levels of charge-offs and noncurrent loans.
Net Charge-offs And Noncurrent Loans At Record Levels
Net charge-offs for the fourth quarter of $53 billion increased by $14.4 billion over the same [...]
4 Banks Collapse Bringing 2010 Total To 20, OneWest Makes Billions On Failed Bank Purchases
Banking Failures in Texas, California, Illinois and Florida Bring 2010 Total To 20
Regulators continued their ritual of Friday night bank closings, shuttering 4 more banks across the country. The four failed banks had total assets of $4.2 billion and total deposits of $3.4 billion. The cost to the FDIC Deposit Insurance Fund (DIF) for [...]
Indebted Governments See Central Banks As Final “Funding Option”
Banking Links - February 18, 2010
Is Your Bank On The “Do Not Trust” List? - Yahoo Finance
With Fiscal Policy Options Exhausted Japan Looks To Central Bank For Salvation - Bloomberg
Banks Take Blame For Collapse of Greece - FT
With Economy In “Recovery” Question Of How To Shrink Fed Balance Sheet Debated - Bloomberg
PIGS Risk Pushing Europe’s [...]
Are Banks Piling Into The Next Asset Bubble?
Are Rising Interest Rates The Next Black Hole For Banks?
Banks seem to have perfected the technique of over investing into the wrong asset class at the wrong time. As banks dramatically reduce lending while trying to recover from bad investments in mortgages and commercial real estate, are they now repeating their history of poor asset [...]
Will A New Flood Of Mortgage Bailouts And Defaults Crush Bank Earnings?
Banking Links
Expect Homeowner Mortgage Bailouts To Continue On Massive Scale - Mortgage Balances Exceed Home Values For 1 of 5 Homeowners - Bloomberg
Looming Credit Downgrades For Citi and BofA - FT
Easy Money Fuels Canada’s Housing Boom - WSJ
What Caused the Housing Bubble - Lax Monetary Policy or Poor Regulation? - Credit Slips
No End in Sight [...]
Banking Failure In Minnesota Brings 2010 Total Closings To 16
One Tiny Bank Fails in Minnesota - Total Failures Reach 16 In 2010
Regulators closed one bank today in Minnesota. The failed bank had total assets of $18.2 million and total deposits of $16.3 million. The cost to the FDIC Deposit Insurance Fund for the closing of this tiny failed bank is estimated at $3.1 [...]
6 Banking Failures Highlight Horrendous Loan Portfolios
Six More Banking Failures Bring Year’s Total To 15
Regulators closed six banks today in Florida, Minnesota, California, Washington and two in Georgia. The six failed banks had total assets of $5.5 billion and total deposits of $4.9 billion. The total cost to the FDIC Deposit Insurance Fund for the six failed banks is estimated at [...]
