banks

While this probably isn’t much proof of Keynes liquidity preference, at least in the extreme sense, it does help explain why M1 has grown significantly faster than broader measures of money supply, as cash simply shifts from M2 to M1.

CNBC says that Wall Street bonuses will likely be down this year as much as 20% across the board. Take a look.

Marshall Auerback argues that despite a 'blame-a-thon' on Ireleand, Germans banks are really at the core of the eurozone catastrophe.

The 30-year campaign of the wealthy to rig our economic system – especially the tax component – for their own benefit will accelerate with the GOP capture of the House of Representatives and the likely capture of the presidency and Senate…

Here's a great graphic on the Irish bailout, quantifying the exposure of foreign banks to Ireland as well as the pots of money from which the 85 billion euros for the Irish bailout is coming. My understanding about the ' funds which Ireland…

Dan Alpert, managing partner at Westwood Capital, thinks that banks are under-reserving and that this will come back to haunt them when house prices fall in "the final leg down" of the housing crisis.  That is the right view…

by Annaly Capital Management The title of this piece is strange but true. The FDIC released its Quarterly Banking Profile for the 3rd quarter of 2010 this morning, trumpeting $14.5 billion in profits (up from only $2 billion in the year…

Jonathan R. Laing reports in Barrons that the exposure of U.S. banks to liability for putbacks of defective MBS (mortgage backed securities) is greater than the $52 billion reported last week from the findings of the COP (Congressional…

by John Lounsbury Buried 72 pages deep in the latest COP (Congressional Oversight Panel) Report is the following table: (Click on table for larger image.) The significance of this table is explained in the report: The…

Sorry, the post title is over the top. Actually, let's hope there are no riots. There is certainly anger on display in the Guardian video clip below.  So far these are pretty tame protests.     Here are the things I…