Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
Read More »
Analysis: The great hedge fund humbling of 2011
By Svea Herbst and Katya Wachtel | Reuters – 3 hrs ago...
BOSTON/NEW YORK (Reuters) - Excuses, excuses and more excuses.
The result was a humbling year for the $1.7 trillion hedge fund industry, with...
Read More »
January 6, 2012, 9:03 pm
Wall Street Is Bracing for Dismal 4th Quarter
By SUSANNE CRAIG
Wall Street banks have been buffeted by the weak American economy and the European debt crisis.
For most Wall Street bankers, 2011 was a year they would rathe...
Read More »
Bloomberg
U.S. Growth Decoupling From Bonds Means Lower Yields to JPMorgan
December 11, 2011, 7:26 PM EST
By Daniel Kruger and Liz Capo McCormick
Dec. 12 (Bloomberg) -- The strengthening U.S. economy is proving no deterrent to the biggest rally in ...
Read More »
ELIMINATING the benefits reaped by institutions that are too politically powerful and interconnected to fail has been an elusive goal in the aftermath of the credit crisis. Institutions most likely to receive assistance from the federal government if t...
Read More »
Ilargi: It's very simple, but maybe that's the problem. For all I know it's just too simple for people to see.
There's a group of people, and it's tempting to call them the 1%, but they’re not really, since there’s politicians in there too who ...
Read More »
One of the biggest problems with Wall Street's malfeasance is how the ruling elite view legal settlements - as little more than an acceptable cost of doing business.
Well, no more.
Thanks to Judge Jed Rakoff we may see some real regulatory action leading...
Read More »
Major Banks Face New Foreclosure Lawsuit
By GRETCHEN MORGENSON
Citing extensive abuses of troubled borrowers across Massachusetts, the state’s attorney general sued the nation’s five largest mortgage lenders on Thursday, seeking relief for cons...
Read More »
Secret Fed Loans Gave Banks Undisclosed $13B
So here's what I got from this.
Howard Opinsky, a spokesman for JPMorgan (JPM), declined to comment about Dimon’s statement or the company’s Fed borrowings. Jerry Dubrowski, a spokesman for Bank of Amer...
Read More »
..
S&P to update bank credit ratings within 3 weeks
By David Henry | Reuters – 1 hr 22 mins ago...
(Reuters) - Standard & Poor's plans to update its credit ratings for the world's 30 biggest banks within three weeks and may well mete out a few dow...
Read More »
Customers won a victory in early November when their protests prompted Bank of America Corp. (NYSE: BAC) to drop new banking fees on debit cards.
But while you were celebrating, banks got busy finding new ways to recoup that money.
Now they've implemented new,...
Read More »
http://www.bloomberg.com/news/2011-11-15/goldman-s-blankfein-growth-to-
snap-back-.html
And if that doesn't pan out, there's always a job waiting as head of Treasury, the Fed, or Greece.
Excerpt:
Goldman Sachs Group Inc. (GS), the fifth- biggest ...
Read More »
Yes, The Big Banks DO Care If We Move Our Money
650,000 customers moved $4.5 billion dollars out of the big banks and into smaller banks and credit unions in the last month.
But there is a myth making the rounds that the big banks don’t really ca...
Read More »
Investing legend Warren Buffett must be feeling good about the U.S. market and economic outlook - he's bet $24 billion on them.
Buffett's Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) invested $23.9 billion in this year's third quarter, the most in at least 15 years.
Nightmare scenario: U.S. deflation risks rising
On Wednesday October 26, 2011, 4:19 pm EDT
By Jason Lange
WASHINGTON (Reuters) - Risks are rising that a moribund job market and potentially steep drop in inflation could push the United States into a d...
Read More »
Volatility Derailed Quant Funds in Q3 and Clouds Their Outlook
By Justin Grant (mailto:jgrant@techweb.com)
October 11, 2011
URL: (http://advancedtrading.com/algorithms/231900529)
Beneath the cacophony of screaming headlines about the European de...
Read More »
INGDirect, USAA, local credit unions, etc. happy to take disgruntled customers from BAC C JPM WFC.
ING Direct Account Openings Skyrocket After BofA, Citi Fee Hikes
By Martha C. White | October 11, 2011 |
After Bank of America and Citibank said th...
Read More »
Occupy Wall Street moves uptown
By the CNN Wire Staff
updated 6:28 AM EST, Tue October 11, 2011
New York (CNN) -- The Occupy Wall Street demonstrators will leave the confines of Lower Manhattan Tuesday and head uptown, organizers said.
An afternoon m...
Read More »
Three years since the collapse of Lehman Brothers, we're not any closer to purging the rot at the heart of our financial-regulatory complex. Last December, Bank of America agreed to pay $1.35 billion to Freddie Mac for nearly 800,000 faulty mortgage...
Read More »
Did big banks leave TARP too soon?
By Jennifer Liberto
@CNNMoney September 30, 2011: 5:35 AM ET
Former FDIC Chair Sheila Bair pushed for the big banks to be held to tougher capital standards before they exited TARP.
WASHINGTON (CNNMoney) -- Regulato...
Read More »
Well, according to this link:
http://finance.yahoo.com/q?s=bac&ql=1
...Bank of America is solidly back in the six-dollar range, and headed lower.
Poor "Uncle Warrant" must be kicking himself for piling into this pig.
Anyway, are we coming closer to...
Read More »
When Deborah Crabtree's husband died of cancer, she held a wake in her home, leaving the answering machine on so guests could listen to calls of condolence and support.
What they heard instead was Bank of America debt collectors calling about every...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
Recent Comments