Will New Required Reporting of $3 Trillion of Debt Crimp Big Cos, Private Equity?
A geeky accounting change in liability reporting may have real world consequences.
Read more...Category Archives: Banking industry
Deepening EU Banking Crisis Meets Euro-TARP and Taxpayers
As the banking crisis in Europe intensifies, TARP-like ideas are on the table. How realistic are they?
Read more...4 Charts on Wall Street’s Outsized Pay
Wall Street denizens whinge about embarrassingly rich pay packages.
Read more...Bad Bank Proposal for India: A Partial Jubilee Financed by Zero Coupon Perpetual Bonds
A proposal for a partial jubilee as a way to clean up banks overburdened with bad loans.
Read more...Trump Fires Preet Bharara and 45 Other US Attorneys, Media Hysteria Ensues
Bharara dismissal: The media spins what was treated as SOP in other new administrations into a harbinger of the decline of the Republic.
Read more...Deutsche Bank Tries to Stay Alive
Deutsche Bank is still walking wounded.
Read more...After Failed UK IPO, Bank Software “Dog” Misys May Be Coming to the US!
Misys’s private equity owner Vista is trying for an overpriced exit. As the saying goes, “Little pigs get fed, big pigs get slaughtered.
Read more...Definition of Madness: Spain Needs Bigger Banks, Apparently
Spain’s pending bank mergers look like an exercise in hope over experience.
Read more...Bank of International Settlements Paper Confirms That High Levels of Household Debt Hurt Growth
We’ve written from time to time that not all debt is created equal. Prudent business borrowing enables companies to make investments and expand operations. And even though governments like the US that issue their own currency may nevertheless sell bonds, operationally they can simply create more dough to fund spending. The constraint on spending is […]
Read more...Gaius Pubilus: Obama and the Perez Election — Are the Democrats Trying to Fail?
After presiding over huge losses at all levels of government by the Democrats, Obama is determined to keep his dead hand on the party.
Read more...EU Dings Yet Another Brexit Fantasy: “Equivalence” Deal for the City
Yet another scheme, equivalence, by which the City hope to have its Brexit cake and eat it too, looks to be a non-starter.
Read more...India’s “Bold Experiment With Cash”: Debunking Myths
India radical demonetization policy: Is this a decisive action against the black economy or an ill-considered, damagingly arbitrary act?
Read more...Fourth Federal District Court Looks Likely to Uphold Fiduciary Rule
The Department of Labor is likely to delay implementation of the fiduciary rule beyond the original April 10 compliance deadline.
Read more...Ian Fraser: What the HBOS Fraud Tells Us About the State of British Banking
The £1 billion HBOS Reading fraud, my part in exposing it, and what it tells us about the state of British banking
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
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