S&P Hints That Some CLOs Have Stabalized
A couple of days ago Standard & Poor's Ratings Services announced that the "rapid" deterioration in credit conditions has forced...
Archive
A Rate Cut in Name Only
The Federal Reserve wrapped up its December monetary policy meeting today, capping the two-day discussions with a three-quarter-point reduction in...
Bank of England Quarterly Report Highlights Large Amount of European Corporate Debt due to expire in 2009
To quote the Bank of England Quarterly Report "a large volume of corporate debt matures towards the end of 2008...
Taking a Peek, Future of Banking Offers (Some) Hope
One of the first prognostications on what the post-crisis banking industry will look like has surfaced, and it comes from...
German Finance Minister Peer Steinbruck ridicules UK/Keynesian policies to rescue world from recession
In an interview with Newsweek magazine, the German finance minister, Peer Steinbruck, has launched an outspoken attack on the UK...
Learn Oyster Speak or risk being a Code 11
It was when txt spk started to become cool that I realised there was money and moved into mobile content...
Notes on the House hearing held yesterday re: Fannie, Freddie, and the mortgage meltdown
Notes: House Oversight & Government Reform Committee Hearing 12/9/2008: Committee Chairman - Henry Waxman D - CA, Edolphus Towns D-NY...
In the Wilderness with Sheila Bair
In Sheila Bair's world, loan modification is the panacea that will solve our nation's mortgage problems. "Panacea" is certainly the...
Vodafone to partner Western Union to allow M Pesa payments from UK to Kenya
Source: Amol Sharma, Total Telecom & WSJ U.K. pilot scheme will enable consumers to send money via handsets to Safaricom...
Wish Upon a Bank: My Ode to Umpqua
If I were a bank, I’d want to be Umpqua Bank. That’s a bank with class. Consider its “Wish Upon...
