Finally – Obama Calls for Mark to Market Accounting!
President Obama has spelled out what neither Bush nor Paulson nor Bernanke nor anyone from the executive branch dared to tell the American people during this financial crisis. In an interview with...
View ArticleLending Can’t be Forced
Moneymorning writes As Big Banks are Criticized for not Lending, Small Banks Find They Can’t Lend: While congressional leaders this week excoriated the leaders of banks that have received billions of...
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Confidence in US Banks at New Low
Amid stress tests and seemingly positive “news” Americans’ Confidence in Banks Hits New Low: As the Treasury and banking regulators prepare to provide a description of their banking “stress” tests on...
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US Confidence in Banks Reaches Record Low
Please consider the latest Gallup Poll on Confidence: … confidence in banks fell by 10 points, from 32% in June 2008 to a record-low 22% today. The previous low point for banks was 30% in October 1991.
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New Bank Bonus Releases – Heads: Bankers Win, Tails : Taxpayers Lose
And more unsurprising news on the TARP front. Cuomo releases ugly details on bank bonuses: NY Attorney General Andrew Cuomo released his report on bonuses at the TARP Top 9. At these firms alone, over...
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How are US Banks Doing These Days?
Sometimes a few charts say more than a thousand words … (ALLL = Allowance For Loan and Lease Losses) All these charts ultimately tell us : - Banks continue to face an ocean of non performing loans -...
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