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Bank Stocks Soar
The S&P Banking Index rocketed today. The BIX climbed 12.01% to close at 122.21. The overall S&P index was up...
Faulty Sentiments
I didn't see much to cheer about in the Federal Reserve's April 2009 Senior Loan Officer Opinion Survey on Bank...
The Soup Kitchen Line
We are trying to tally, in advance of Thursday's release of the stress test data, which of the 19 banks...
IRS has Hedge Funds in its Crosshairs
The earths axis seemed to have tilted way off course last year. The global capital and credit markets crashed. Venerated...
A Borrower and Lender Be
Bankers are still catching some major heat. Senators are screaming at the money lenders in an effort to have them...
Sovereign Cutting Another 950 Jobs
Sovereign Bank officials say they will cut 950 jobs, or almost 9% of its work force, as part of cost-saving...
TED Spread Threatening to Drop Below 80-Basis-Point Barrier
Credit conditions are definitely improving. The TED spread, which measures the difference between between three-month Treasurys and the three-month Libor...
$10B Is Probably Manageable
Will three of the nation's largest banks be able to raise about $10 billion to cover the capital shortfalls, as...
a few good WOMEN!
Looking for a few good WOMEN!
