Tag Archive for Banking Crisis

Sheila Bair tackles the European debt crisis, Jamie Dimon and regulators – Video | Rooters

Sheila Bair, the former FDIC chairwoman who heads the newly formed Systemic Risk Council, explores whether U.S. banks can handle the European banking crisis and whether the attention on JPMorgan’s trading loss is distracting regulators from a looming crisis. (June 14, 2012) via Sheila Bair tackles the European debt crisis, Jamie Dimon and regulators –…

Berlin is ignoring the lessons of the 1930s – Roubini and Ferguson-FT.com

By Niall Ferguson and Nouriel Roubini We fear that the German government’s policy of doing “too little too late” risks a repeat of precisely the crisis of the mid-20th century that European integration was designed to avoid. …Fixated on the non-threat of inflation, today’s Germans appear to attach more importance to 1923 (the year of…

Spanish Lender Seeks $24 Billion Bailout – Ratings Cut on 5 Banks – NYTimes.com

Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros ($23.88 billion), far beyond what the government estimated when it seized the bank and its portfolio of delinquent real estate loans earlier this month. When Spain seized Bankia May 9,…