Browsing Tag

journalism

Revisiting regional banks

As you know from reading my blog, I am expecting a lot of writedowns from regional banks as real estate loans sour. In fact, I expect a number of bankruptcies because of defaults in commercial real estate where much exposure is hidden.…

Bernanke speech at the LSE

Federal Reserve Chairman Ben Bernanke gave a speech at the London School of Economics today in which he outlined the measures the Federal Reserve was prepared to take in order to deal with the financial crisis. Of particular note, Bernanke…

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