• Tim Knight from...
    09/16/2014 - 21:37
    What if it had gone differently? What if, six years ago, in the throes of the financial crisis, the political leaders in D.C. had decided that enough was enough, and they were going to seize the...
  • williambanzai7
    09/16/2014 - 12:16
    I have tons of good stuff to post, but this morning I'm feeling something like this...

rcwhalen's blog

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FirstMerit + Citizens Republic: Call it Zombie Love (or Financial Repression)





The acquisition of CRBC by FMER provides a stark illustration of the fundamental conflict between the Fed’s “dual mandate” and its legal responsibility to supervise the nation’s banks. 

 
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Capital Bank Financial IPO: Where's the Alpha?





Rolling up community banks with mid-single digit ROEs and flat to up small revenue growth does not strike this analyst as a very compelling opportunity 

 
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Bob Arvanitis | Is the US Treasury Really Making Money on AIG?





Mr. Jenkins’ error rests on incomplete accounting and incorrect attribution analysis. In Frederic Bastiat’s terms, we have a confusion of what is seen and what is not seen.

 
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M&T Bank, Hudson City Savings Bank and JPMorgan Chase Bank





If the OCC treated JPM like it dealt with HCBK, Jamie Dimon would be out of a job and JPM would be auctioning off half a trillion in “noncore” assets to its competitors.

 
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Happy Anniversary Countrywide! Or is it Back to the Future?





I am reminded that this is the 5-year anniversary of the emergency Fed Discount Rate cut in response to the collapse of Countrywide Financial (CFC) earlier that week.  

 
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How Congress Helps the TBTF Banks Steal Your Money with Impunity





The only alternative for people who will not live as slaves to the big banks may be to seek the peaceful overthrow of the government of the United States.  Shall we start the revolution now?  

 
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Can the Credit Union Industry Survive -- Its Regulator?





The real question is whether the credit union industry can survive the continued operational chaos inside its supposed regulator. 

 
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Chautauqua Notes | Ethical Challenges of Finally Fixing the Financial Crisis: Fair Deals vs. New Deals





From the perspective of ethics, the fiscal profligacy of the US government and related behavior in the private sector is the cause of the financial crisis

 
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American Liberalism: The Infantile Disorder





If the political tsunami underway in Maine is any indicator, the November 2012 election will be fascinating and unpredictable

 
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JP Morgan, Bruno Iksil and the FDIC TAG Program





TAG ought to be allowed to expire at the end of 2012, but people like Barney Frank and Tim Johnson will be working to preserve this corporate subsidy for their clients among the large banks regardless of the deleterious effect on the US economy.  

 
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Is Jamie Dimon Really Master of the Universe?





Do the good citizens of the Wall Street establishment broadly defined understand the risks taken by the House of Morgan?

 
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Citigroup Earnings, NIM and the FDIC TAG Program





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.

 
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