Tag Archive for Good Times

EU Smiled While Spain’s Banks Cooked the Books, and Now We’re Surprised?

…back in 2008 and early 2009, Spanish regulators were riding high after their country’s banks seemed to have dodged the financial crisis with minimal losses. A big reason for their success, the regulators said, was an accounting technique called dynamic provisioning. By this, they meant that Spain’s banks had set aside rainy- day loan-loss reserves…

Let The Good Times Roll- Professional Edition Fed Report

The new TBAC estimates for this quarter and the next are out today. https://wallstreetexaminer.com/2009/08/05/tbac-report-dont-worry-be-happy They boyz are a lot less gloomy this quarter than they have been in the past couple of years as they took note of the fact that they were able to reduce their borrowing estimate for this quarter by $36 billion.…