A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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The Great White North is a beauty, eh.
Throughout the financial crisis that pummeled most of the world, Canadian institutions not only survived, they thrived. That success, credited to a mix of regulatory and cultural forces, may offer insight to U...
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Banks Face Another Mortgage Crisis
"JUST WHEN AMERICA'S MAJOR BANKS seem to be back on their feet, having paid back federal bailout money and cranked up their employee bonus programs, a new threat has emerged that could seriously affect their ea...
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Following on other points in the Roubini matrix as discussed last Friday, in point 4 Roubini suggests that interest on mortgages and consumer loans are pushing higher. In fact, the resets on many adjustable rate mortgages are going lower. 40% of all mortgages are based on Treasury rates, and cost of funds indexes. The...
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