Banking Links – February 24, 2010 Sovereign Defaults – When The Impossible Becomes Inevitable – Bloomberg Treasury To Borrow $200 Billion For The Fed – WSJ Banks Expand Consumer Lending At 120% Interest Rates – Bloomberg Banks Spurn Small Business Loans – Baseline Scenario Banks Cash In On Overdraft Fees – NYT How The Government […]
Will More Leverage Save The Economy?
February 23, 2010 By Leave a Comment
Banking Links – February 23, 2010 Excess Leverage Always Has A Bad Ending – Atlantic Japan, Like Greece, Is Beyond Redemption – Bloomberg Loan Mods Nothing More Than An Expensive Delay – Guess Who Pays? -Calculated Risk Why Every Welfare State Will Follow Greece Into The Abyss – WP US Banking Lending Drops At Fastest […]
Financial Regulatory Reform Remains Illusive
February 22, 2010 By Leave a Comment
Banking Links – February 22, 2010 Regulatory Financial Reform – All Talk, No Action – FS Without Borrowers Or Lenders, Deflation Is Inevitable – B Prechter Yield Starved Japanese Scoop Up US Treasury Debt – Bloomberg Fed Shows Its Hand With Discount Rate Hike – Econobrowser Low Borrowing Rates Meaningless Without Income – NYT Fundamental […]
Asset Wealth Illusions Fade As Debt Defaults Continue
February 21, 2010 By Leave a Comment
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 […]
Regulators Cannot Stop Foolish Lending Decisions
February 19, 2010 By Leave a Comment
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 […]