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 […]
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 […]
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 […]
FDIC Bair Slaps Down Bernanke – Says Low Interest Rates Incited Financial Crisis
January 19, 2010 By Leave a Comment
Financial Meltdown Fueled By Misguided Fed Policies In an appearance before the Financial Crisis Inquiry Commission, FDIC Chairman Bair testified on behalf of the FDIC on the causes of the worst financial crisis since the Great Depression. Since the financial meltdown of 2008, many financial analysts and government officials have given eloquent after the fact […]
Commercial Real Estate – The Most Widely Advertised Crash In History
November 12, 2009 By Leave a Comment
Is Armageddon Upon Us? Predictions of Armageddon for the commercial real estate market are being urgently issued daily by prognosticators of doom. Many analysts are breathlessly predicting that collapsed real estate prices ensure a mountain of defaulting commercial real estate loans that will lead to the failure of thousands of small and regional banks. […]
FDIC Chairman Says Critical Financial Reforms Needed
October 6, 2009 By Leave a Comment
In remarks to the International Institute of Finance, FDIC Chairman Sheila Bair cited the need for critical financial reforms that combine stronger regulation and market discipline. Ms. Bair stated that the “first task” should be to scrap the “too big to fail” doctrine by establishing a new resolution mechanism to handle the failure of large […]