Banking Links – February 19, 2010 Frightened Banks Hoard Cash – The Economist Second Mortgage Writedowns Next Big Problem For Banks – NMN “Council of Regulators” To Protect Against Systemic Financial Risks – Yahoo News Debts That Cannot Be Repaid Will Not Be Repaid – Munis At Risk – WSJ Fed Hikes Discount Rate – […]
Indebted Governments See Central Banks As Final “Funding Option”
February 18, 2010 By Leave a Comment
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 – […]
US Treasury Needs New Buyers At Debt Auctions
February 17, 2010 By Leave a Comment
Banking Links – February 17, 2010 “Fool Me Once Shame On You” – US Asks Foreign Governments To Buy Mortgage Backed Securities – Again – WP China’s Threat To Diversify Away From US Debt Becomes Reality – Bloomberg Fed’s “Exit Strategy” A Mirage – Financial Sense Goldman Sachs Sandbags Bond Investors On Sale Of Invisible […]
Taxpayers – Last Option To Bail Out Governments
February 16, 2010 By Leave a Comment
Banking Links – February 16, 2010 Will US Housing Market Collapse As Government Winds Down Aid? – NYT Paulson Attacks Obama’s Financial Regulation Plans -Says Big Banks Essential To Financial Recovery -Times OnLine Europe At The Crossroads – Greece Rescue Would Open The Floodgates – FT Forgiving Mortgage Debt Makes Payments Easier But At Whose […]
The Return Of Risk – A World Of Bankrupt Governments
February 14, 2010 By Leave a Comment
Banking Links – February 15, 2010 China Follows Same Script Leading to Japan and U.S. Real Estate Crash – LAT Banking Industry A Mere Sideshow Compared to Sovereign Debt Crisis – Trader Mark How Wall Street Helped Greece To Borrow Beyond Its Means – Debt That Isn’t Debt – NYT Lender With the Biggest Exposure […]
Are Banks Piling Into The Next Asset Bubble?
February 13, 2010 By Leave a Comment
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 […]
Will A New Flood Of Mortgage Bailouts And Defaults Crush Bank Earnings?
February 10, 2010 By Leave a Comment
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 […]
Banking Failure In Minnesota Brings 2010 Total Closings To 16
February 6, 2010 By Leave a Comment
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 […]
Was The Banking Crisis The Genesis Of Sovereign Default Concerns?
February 5, 2010 By Leave a Comment
Banking Links – February 5, 2010 The Acquisition Ken Lewis May Live To Regret – The Merrill/Bank Of America Saga – Bloomberg Losses on Mortgages Cause $5 Billion Quarterly Loss At GMAC Financial – MLive Is The Fed Causing Mortgage Rates To Rise As Purchases of MBS Ends? – Bloomberg Homeowners With ARMs Blindsided By […]
Defaulting Mortgages Continue To Inflict Wide Spread Losses
February 4, 2010 By Leave a Comment
Banking Links – February 4, 2010 Why “Strategic” Mortgage Defaults Will Continue – NYT Conforming Mortgage Delinquencies Continue to Skyrocket – Trader Mark, SA Small Private Investors In Commercial Real Estate Face 100% Losses As CMBS Market Remains Frozen – WSJ FHA Facing A Crush of Foreclosures As Delinquencies Increase – NYT Proposed Banking Regulations […]