Credit Writedowns
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Credit Writedowns
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2012
Yearly decline in average jobless claims of nearly 30,000 still not pointing to recession
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Links 2012-10-24
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Will Merkel grant ‘austerity model’ Ireland retroactive bank recap mutualisation?
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US regionals pressured on loan growth and net interest; European banks over-levered
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Warren Buffett: “Worldwide, there is some slowing”
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Chart of the day: Rise and decline in Dutch house price bubble, 1996-2012
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Due to rising currency value, Swedes now speculating in Spain’s housing market
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Links 2012-10-23
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Zero rates are now killing regional bank profits… as predicted
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Apple iPad mini priced too high to allay market share fears
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