In the most sweeping credit downgrades since 2007, Moody’s Investor Service lowered the credit ratings of fifteen global banks, including the five largest banks in the United States. The scope of the credit downgrades left many wondering if we are entering a new phase of the global financial meltdown that started in 2008. Despite trillions […]
Credit Ratings of 15 Global Banks Cut In Largest Downgrades Since 2007
June 22, 2012 By Leave a Comment
What Big Bank Stock Has The Largest Price Gain In 2012?
March 19, 2012 By Leave a Comment
After getting pounded during 2011, bank stocks have soared this year, especially after the Federal Reserve completed its “stress tests” and said that almost every big bank could survive “extremely adverse” economic conditions. During 2011 bank stock shareholders experienced the biggest price declines since the financial panic of 2008. As worries mounted over both the […]
Big Bank CEOs Take Home Massive Paychecks As Savers and Shareholders Get Crushed
March 16, 2012 By Leave a Comment
Right or wrong, most consumers have an overwhelmingly negative opinion about big banks. According to a survey by Research and Markets, 86% of social media comments about U.S. and European banks are negative. The negative perception of big banks by the public has become so pervasive that most bank executives probably just ignore it at […]
Everyone and No One Is In Charge Of Fixing The Housing Crisis
January 15, 2012 By Leave a Comment
The housing crisis is widely viewed as the biggest impediment to economic recovery. Despite the expenditure of trillions of dollars in financial support from the Federal Reserve and other government agencies, housing prices continue to decline. In addition, the wide ranging regulatory overhaul of banking and mortgage practices being implemented under the Dodd-Frank Act, is […]