The Puerto Rico Electric Power Authority (PREPA) Bond: Nondisclosure Agreement Creates Two Classes of BondholdersSubmitted by rcwhalen on 09/16/2014 04:07 -0400
Suddenly, we now have a new class: those bondholders who are under the NDA versus those who are not.
FDIC: “the largest positive contribution to the year-over-year change in earnings came from reduced loan-loss provisions..."
Energy security is not synonymous with energy independence.
Bailing out banks is not hard when a nation has a sovereign currency and the banks’ debts are denominated in that currency.
“Flash Boys” is a book written for Hollywood instead of the history books or policy makers. Stay tuned for the movie.
After tens of millions in legal fees, a river of negative press, and ripple effects to other local municipalities, we have U-turned and are back to where we started.
Most Buy Side managers have no idea about the disparate business models of the four largest US banks by assets.
Why is Citigroup not like any of the top four banks, including JPM, WFC, USB or BAC?
To really appreciate “too big to fail,” you must first and foremost understand that it is a political concept that springs from a sense of liberal privilege and entitlement.
Is capital adequacy really the answer to the question?
Beijing leadership’s quandary is that the struggle to refashion the Chinese economy with further liberal economics comes up against the determined effort of the CCP to maintain its power monopoly
Simply ending the corporate lives of Fannie Mae and Freddie Mac as the Johnson-Crapo proposal envisions is not sufficient
So you want to be a mortgage banker? then listen now to what i say Just get liability insurance... and get ready to pay and pay...
When Arthur Levitt's SEC adopted Rule 2a-7 in 1998, it handed the TBTF banks and GSEs a mortgage monopoly on a silver platter.
Is the Treasury's rescue of Fannie Mae and Freddie Mac unfair to private shareholders? Yup. And they deserve it.