banks

The same guy who gave us the Quantitative Easing Explained video, produced this hilarious take on high frequency trading last year. The Terminator is out to stop it! Enjoy.     Source: malekanoms

A first look at why Ireland has gone to the heights and crashed spectacularly, and what options it has that other nations in crisis have used successfully.

From some reports, you get the impression that Finland is saying "no aid for Ireland." However, from a Reuters story it seems more that the Finns' official position is more that the Irish should not be pushed into a bailout by the…

We can see it’s still all about the banks in Ireland. This deposit debt guarantee issue is still the critical one. The Irish Independent is talking about total nationalisation of AIB because of the ‘bank run’ hitting Ireland.  And…

I found this video by David Fry with Janet Tavakoli as guest very enlightening. Tavakoli takes the same view that I have regarding how fraud is toxic for any banking system and must be rooted out. However, her most compelling statement had…

Over the past several years, Bryan Bly, Crystal Moore and Dhurata Doko have signed thousands of mortgage assignments as vice presidents of Citi Residential and other major lenders. Yet when asked in a recent deposition what a…

Here are Andrew Ross Sorkin and Joe Nocera of the New York Times having a video debate about the foreclosure crisis.  Nocera thinks this is a key economic issue. Sorkin thinks the issue is overblown. My take: For political reasons,…

In the fall of 2008, when the government took extreme steps to avoid a financial collapse, it created, what might be described as a partial liquidity trap. At the time, this was not a problem. The policymakers were not trying to assist…

William K. Black is an Associate Professor of Economics and Law at the University of Missouri-Kansas City. He is a white-collar criminologist and was a senior financial regulator. He is the author of The Best Way to Rob a Bank is to Own…

William K. Black is an Associate Professor of Economics and Law at the University of Missouri-Kansas City. He is a white-collar criminologist and was a senior financial regulator. He is the author of The Best Way to Rob a Bank is to Own…