banks

My friend Steve Keen recently presented a “primer” on Hyman Minsky. In his piece, Steve criticized the methodology used by Paul Krugman and argued that Krugman could learn a lot from Minsky. In particular Krugman’s equilibrium approach and…

The imminent passage of the fraud-friendly JOBS Act caused me to reflect on the fact that the worst anti-regulatory travesties in the financial sphere have had broad, bipartisan support. The Garn-St Germain Act of 1982, which deregulated…

There are several developments that warn of future problems in the euro zone and these make us suspicious about the euro's ability to sustain the upside break.

The three-year loans will carry an interest rate initially of the benchmark rate of 70 bp.

This daily commentary is a bronze-level post for Pro subscribers. Two articles worth reading on the 2004 change in net capital rules for investment banks are highlighted in today's links.

This daily commentary is a bronze-level post. Today's comment is on the Irish desire to get their tracker mortgage obligations written down.

I love Chris Whalen's bank industry analysis. I featured his CNBC commentary yesterday. Today is his commentary from last night's Capital Account.

Yves Q. Smith spoke with Lauren Lyster on RT's Capital Account show this past Wednesday about Wall Street and Goldman Sachs. Her view is that the points highlighted by Greg Smith in his Op-Ed in the New York Times about Goldman Sachs are…

This daily commentary is a bronze-level post for members only. Everyone is talking about Goldman. Here are my thoughts.

Chris Whalen is a highly regarded banking analyst who has been quite critical of the goings on with banks and their regulators. However, he is very even-handed in his assessment of the Fed's latest stress tests of the largest 19 banks.