quote of the day – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Quote of the Day: Sarkozy’s Warning

(QOTD) Ben Bernanke: It is not the responsibility of the Federal Reserve to protect lenders

Quote of the day: “Jamie is always hanging around the hoop”

Did Tim Geithner blow it?

Quote of the day: John Kenneth Galbraith – The Bezzle

Austrian banks have emerging-market financial exposure that is 70% of GDP

Stephen Roach: “Rates can go to unusually low levels for much longer than people think”

Quote of the day: “The cash has to go somewhere”

Jim Chanos: “It’s a bear market rally”

Quote of the day: William White and inflation