pThere are many myths surrounding the ldquo;American banking industryrdquo; as it relates to its health and well-being. In that regard, the banking analysis that follows is an attempt to bring clarity as to where the U.S. banking industry currently stands at the end of 2011 and to explain what really took place in the...
Read more »
Tags: Crisis, Financial, information, jp morgan chase, office of thrift supervision, research information system
Posted in Crisis Financial | No Comments »
Reuters – France and Germany will call on Monday for a relaxation of global bank capital rules to prevent lending to the real economy being choked off, the Financial Times reported on Monday.
Read more »
Tags: Financial, financial times, global bank, lending, Monday, reuters france
Posted in Crisis Financial | No Comments »
Chief financial officers in the U.S. are less confident the recovery in the world#8217;s largest economy will accelerate in 2012 as government policy weighs on growth, according to a Bank of America Corp. survey. Forty-nine percent of finance heads projected the U.S. economy will grow next year at about the same pace as this...
Read more »
Tags: bank of america, bank of america corp, economy, feedburner, Financial, pickup
Posted in Crisis Economic | No Comments »
pOne of the hottest academic papers in the world right now isnbsp;a href=http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1963216strongEconometric Measures of Connectedness and Systemic Risk in the Finance and Insurance Sectors/strong/a by professors Monica Billio, Loriana Pelizzon, Andrew W. Lo, and Mila Getmansky./p pThe paper tries to come up with hard definitions of interconnectedness and systemic risk./p pWe suspect a...
Read more »
Tags: Financial, financial crises, insurance sectors, Paper, risk, systemic risk
Posted in Crisis Financial | No Comments »
Here’s Friday’s Telegraph (via @ryanchittum). The terrifying quote in the headline comes from BOE’s Mervyn King. Please follow Clusterstock on Twitter and Facebook. Join the conversation about this story » See Also: The 13 Most Memorable Quotes From Steve Jobs Steve Jobs Has Died Here’s What Bill Gates Had To Say About The Passing...
Read more »
Tags: bill gates, BoE, Financial, headline, mervyn king, twitter
Posted in Crisis Financial | Comments Off
The company says Bartz, 63, will be replaced by Chief Financial officer Timothy Morse on an interim basis. Bartz, 63, has had a rocky tenure at Yahoo since she was appointed CEO in January 2009. » E-Mail This » Add to Del.icio.us
Read more »
Tags: basis, e mail, Financial, interim basis, officer, yahoo ceo
Posted in Crisis Financial | Comments Off
In trying to understand the pattern and timing of government interventions during a financial crisis, we should probably conclude that, to paraphrase the French philosopher Blaise Pascal, politics have incentives that economics cannot understand. From an economic point of view, the problem is simple. When a sovereign borrower’s solvency has deteriorated sufficiently, its survival...
Read more »
Tags: bank ceo, Financial, government interventions, pattern, philosopher blaise pascal, rsquo
Posted in Crisis Financial | Comments Off
The Democrats on the House Oversight Committee have just released a scathing report on the Republicans that sat on the Financial Crisis Inquiry Commission, accusing them of being driven by politics rather than seeking to find the truth about the cause of the crisis. Dems reviewed over 400,000 internal documents and found that Republican...
Read more »
Tags: Commission, Financial, house oversight committee, information, political consulting firm, republican commissioner
Posted in Crisis Financial | Comments Off
Financial Investigator and investigative journalist Roddy Boyd takes on AIG in his new book Fatal Risk. Detailing the long history of the insurance giant’s failure, Boyd describes the evolution of the financial products unit and its unexpected success. Watch below to learn how the unit’s founder – Howard Sosin – finagled some sickeningly sweet...
Read more »
Tags: fatal risk, Financial, howard sosin, insurance giant, Jealousy, unit
Posted in Crisis Financial | Comments Off
Roddy Boyd — the Financial Investigator and the author of Fatal Risk — tackles AIG’s failure in his new book. Painting a history of the insurance company from the rise of Hank Greenberg to today, he investigates the complex series of events that led to its downfall. Watch below as he explains why AIG’s...
Read more »
Tags: author, fatal risk, Financial, government, hank greenberg, natalie portman
Posted in Crisis Financial | Comments Off
Athletes can acquire great wealth without having a clue about money. The leagues are aware of the financial illiteracy and conduct financial seminars for all rookies. But one financial adviser says finance is an issue many pro athletes “don’t understand, and it’s not communicated right.” » E-Mail This » Add to Del.icio.us
Read more »
Tags: clue, Financial, financial adviser, financial illiteracy, financial seminars, Lived
Posted in Crisis Financial | Comments Off
Find out what options are available when your mortgage is bigger than the value of your home. Source: http://feeds.investopedia.com/~r/stockinvesting/~3/LaSBnQSAGp8/selling-home-less-than-loan.asp Discover Financial Services Diodes Inorated Diebold Dell Cypress Semiconductor
Read more »
Tags: cypress semiconductor, Financial, home source, investopedia, Loan, source
Posted in Uncategorized | Comments Off