So when you see Citi’s Q2 2012 earnings, remember that about ¼ of the number will come from non-interest bearing deposits covered by FDIC's TAG program.
Fed Chairman Bernanke should be impeached if he does not restore Fed surveillance over primary dealers immediately.
But please don’t tell me that you are surprised that Barclays was “manipulating” LIBOR.
Anna was best known as co-author with Milton Friedman of A Monetary
History of the United States, 1867-1960 (1963). She also was the staff
director of the United States Gold Commission, 1981-1982.
Only when the lack of visibility on forward revenue and earnings was obvious to all did Moody's act
Giddens ought to approach the bankruptcy judge and suggest that they both apply to Judge Rakoff for the appointment of a receiver in the MF Global bankruptcy.
Over-collateralization rates for Spanish covered bonds goes into the stratosphere -- 200-300% -- a grim indication of loss given default.
Nobody on the Buy Side wants to sue JPM, Goldman Sachs, Morgan Stanley et al for securities fraud on the more problematic deals of the past decade.
Updated | The notion that the trades which caused the losses by JPM were put on in the last six months or so seems to have been widely accepted in the media. But is this really the case?
We will only learn about currency risk exposures as and when the creditors disclose same to investors. In the meantime, we’ll have lots of fun watching media spin their wheels over the game of “find the risk”
H.R. 5326 decimates the statistical agencies that support the entire fabric of business investment, policy-making, and decision-making in the United States.
As either taxpayers or long-term JPM investors, we should be more grateful than sorry about the JPM CIO Ina Drew.
Jamie Dimon seems to have handed his head to Chairman Vocker and the advocates of regulation with this error.
Overall, EverBank is showing good current performance, but some of the asset quality factors and trends that I see are of concern for the future.