Posts Tagged ‘ Financial Institutions ’

What If We’re Beyond Mere Policy Tweaks?

By
February 6, 2012
What If We’re Beyond Mere Policy Tweaks?

The nation's ills cannot be fixed by thousands of pages of regulation or more policy tweaks. Only a profound cultural transformation can address our problems. The mainstream view uniting the entire political spectrum is that all our financial pr...
Read More »

Holder & Obama’s Propaganda is “Belied by a Troublesome Little Thing Called Facts”

By
February 1, 2012
Holder & Obama’s Propaganda is “Belied by a Troublesome Little Thing Called Facts”

By William K. BlackThe Obama administration’s record of prosecuting elite financial frauds is worse than the Bush administration’s record, which is a very large statement. Syracuse University’s TRAC issued a report on November 11, 2011 entitled �...
Read More »

Obama Bluffs on ReFi?

By
January 29, 2012
Obama Bluffs on ReFi?

 .                                         &nbs...
Read More »

Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital

By
January 27, 2012
Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital

China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc.  The strong yen strikes again: Honda decides to build a high-performance hybrid Acura in Ohio – instead of its home nation of Japan. The firm’s continued shift in production to North American capacity signals a wider trend of Japan’s automakers to battle currency-related losses...
Read More »

Wall Street Is Bracing for Dismal 4th Quarter

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 »

Did Psychopaths Take Over Wall Street?

It took a relatively obscure former British academic to propagate a theory of the financial crisis that would confirm what many people suspected all along: The “corporate psychopaths” at the helm of our financial institutions are to blame. Clive...
Read More »

A Run on the Global Banking System – How Close are We?

Nine weeks after its bankruptcy, the general public still hasn’t quite realized the implications of the MF Global scandal. My own sense is, this is the first tremor of the earthquake that’s coming to the global financial system. And how the centr...
Read More »

A Thinly Veiled Bail

By
December 29, 2011
A Thinly Veiled Bail

A Thinly Veiled Bail By Ilene at Phil's Stock World, with Lee Adler of the Wall Street Examiner (many thanks to Lee!) The ECB is borrowing U.S. Dollars from the Fed to bailout European banks. And that is in addition to the Long Term Refinancing Operation (LTRO). However, the "borrowing"...
Read More »

ECB Adds Record Amounts of Trash Says Krowne

By
December 28, 2011

Reposted from ML-Implode.com with publisher’s permission. Via Bloomberg (snarky remarks from us at bottom) – The European Central Bank‘s balance sheet soared to a record 2.73 trillion euros ($3.55 trillion) after it lent financial institutions more money last week to keep credit flowing to the economy during the debt crisis. Lending to euro-area banks jumped...
Read More »

Our Financial "Regulators" Just Let Us Down Again

By
December 21, 2011
Our Financial "Regulators" Just Let Us Down Again

The Dodd-Frank Act became law 18 months ago, and it may be hard to believe, but we still aren't any better off now than we were then.

Indeed, the regulators that are supposed to be protecting us from a repeat of the 2008 financial crisis can't - or refuse -...
Read More »

Did the ECB Pull Off a Back-Door Bailout that’ll End the Crisis?

Yields on short-term peripheral sovereign bonds are plunging, despite the fact that EU leaders appeared to make little progress at their highly-anticipated summit last week. Pundits continue to expound on the flaws of the eurozone but markets are tel...
Read More »

Moody’s Downgrades Top French Banks

December 9, 2011 Moody's Downgrades Top French Banks By LIZ ALDERMAN PARIS — In another sign of how Europe’s debt crisis is rippling through the banking system, Moody’s Investors Service on Friday downgraded the three largest banks in Fra...
Read More »

Scott Brown used swing vote to water down WallSt bank regulations

Globe link Excerpts: WASHINGTON — Campaign contributions to Senator Scott Brown from the financial industry spiked sharply during a critical three-week period last summer as the fate of the Wall Street regulatory overhaul hung in the balance..... ...
Read More »

Major Banks Face New Foreclosure Lawsuit

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 »

It might not be an Asian century after all

And the United States might pull out of its present funk as it did in a sudden twice during the past century: in the first years of World War II, and during the first Ronald Reagan administration. For the past two decades, the United States wasted th...
Read More »

Euro Crisis? What Crisis?

I don't know a hell of a lot about John Corzine. And what really is or was 'MF Global?' But what I do know is that it is difficult for me to see anything like a 'crisis' in any of the current metrics surrounding the US Dollar, the euro, and the intere...
Read More »

Distortions In Baffling Financial Statements

November 10, 2011 Distortions In Baffling Financial Statements By FLOYD NORRIS This has been a bad year for banks. With sovereign debt no longer trusted and widespread fears of a new recession in Europe, share prices of banks have fallen sharpl...
Read More »

Roubini: The next MF Global collapse could be Goldman Sachs

Nouriel Roubini was in fine form yesterday, scaring the bejeezus out of his followers on Twitter by saying that several huge financial institutions could collapse in the blink of an eye like MF Global. These houses of cards, Roubini tweeted, include:...
Read More »

Obama Taps Inflation Hawk Hoenig for the FDIC

Suprised That Obama Tapped Inflation Hawk Hoenig for the FDIC? Don't Be By Daniel Indiviglio Oct 21 2011, 12:29 PM ET Although he's best known for his Fed dissents, he'll be tough on the big banks Last year, those of us who cover the Federal Reser...
Read More »

Did big banks leave TARP too soon?

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 »

The REAL reason the S&P downgrade is a disaster for the economy

There's already been a bevy of analysts coming out with their forecasts on what the S&P downgrade means for the economy, what it will do to interest rates, other financial institutions, junk borrowers, and other entities somehow connected to the US ...
Read More »

Quote of the Day…

"Of the 15 largest financial institutions in the United States before the crisis, only nine remain as independent entities. Those that survived did so because they were able to raise capital from private investors, significantly diluting existing share...
Read More »

Slasher Street

On Wall Street the hatchet man cometh. Deep-pocketed bankers and traders are bracing for what could be a fresh round of job cuts on the Street, concentrated in equities trading and investment banking, where firms are considering eliminating thou...
Read More »

A Greek Default is Bad – But a Greek Bailout Much Worse

By
June 3, 2011
A Greek Default is Bad – But a Greek Bailout Much Worse

Many investors continue to favor a Greek bailout to prevent the Eurozone's first sovereign default - but they are rooting for the wrong solution.

Greece has requested another loan from its European neighbors to cover next year's $43 billion (30 billion euros) shortfall as yields on 10-year Greek...
Read More »

The Fed Loses Cred

In the midst of the global financial crisis in 2008, the Federal Reserve lent Goldman Sachs, Credit Suisse and Royal Bank of Scotland at least $30 billion each at interest rates as low as 0.01 percent with no public disclosure of the details, Bloomb...
Read More »

God’s bankers: How evangelical Christianity is taking a hold of the City of London’s financial institutions

By
April 25, 2011

God's bankers: How evangelical Christianity is taking a hold of the City of London’s financial institutions Alex Preston asks how the disciples of evangelical Christianity reconcile their faith with the avarice of high finance Sunday, 24 April 2011...
Read More »

Government economists cannot face

By
April 7, 2011

when it appears that ALL types of market investments are on the rise (even property-based mutual funds), it is important to observe that there are specific differences in the types of investment categories and that these differences can become hugely s...
Read More »

The Plight of the Working Class

By
April 2, 2011

Here's the letter from one of Mauldin's readers. Click on the link for Mauldin's response... ".... I would like to get something off my chest. I would like to know why you seem to side with those analysts who keep telling us that the only way we ...
Read More »

The Massive U.S. Debt Problem

By
April 1, 2011

The massive U.S. debt problem that we have been discussing so often for many years has now become widely known both to investors and the general public. It has been a major topic of discussion in the media as well as a key issue in last November's ...
Read More »

Elizabeth Warren Scares Republicans

By
March 21, 2011

The piñata sat alone at the witness table, facing the members of the House subcommittee on financial institutions and consumer credit. The Wednesday morning hearing was titled “Oversight of the Consumer Financial Protection Bureau.” The o...
Read More »

Premium Services for Investors and Traders

The Wall Street Examiner Professional Edition- Stay ahead of the herd.Try the Wall Street Examiner Professional Edition risk free for thirty days.

Radio Free Wall Street - Lee Adler, Russ Winter and Aaron Krowne go behind the paper curtain of Wall Street propaganda. Listen now.

Russ Winter's Actionable- Actual trading with tactics and strategy from a master. Learn more and subscribe now.


Email Bulletin

Ad




'
I support the OCCUPY movement

Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.