banks – Page 16 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Daily: As the EU moves toward fiscal union, will Britain be forced out?

Full text: Moody’s – Germany’s banking system outlook remains negative

S&P cuts Spain’s credit rating to near junk with a negative outlook

Spain: The balance sheets are beyond repair

Roubini on the new G-0 world and too big to fail banks as worse than ever

Rajoy was hoodwinked and now Spain faces a debt deflationary spiral

FDIC: 8.2% of U.S. households are unbanked, 29.3% do not have a savings account

How to Unscramble an Egg: Undoing The Six Worst Economic Policy Mistakes

A more comprehensive look at the ECB’s OMT program

First reaction: The ECB’s OMT monetisation is for banks as much as sovereigns