Posts Tagged ‘
US Banking ’
Oct 8th, 2009 |
By Martin Hutchinson |
Category: Financial News
Quantum Fund co-founder George Soros had it right on Monday, when he said the U.S. recovery would be held back by “basically bankrupt” banks and companies.
Tags: BAC, Chrysler, Citigroup, Ford, George Soros, IKB Deutsche Industriebank AG, Ito-Yokado Co., JPM, Lone Star Funds, LYG, Martin Hutchinson, NRTLQ, Quantum Fund, Rbs, The Daiei Inc., US Banking, US recovery
Posted in Financial News |
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Oct 6th, 2009 |
By Martin Hutchinson |
Category: Stock Market Investing
Billionaire investor George Soros said yesterday (Monday) that the U.S. recovery would be a slow one because of all the “basically bankrupt” financial companies impeding it.
Tags: AIG, BAC, Bank Stocks, Ben Bernanke, Citigroup, Federal Reserve, Junichiro Koizumi, LEHMQ, Martin Hutchinson, NMR, US Banking
Posted in Stock Market Investing |
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Oct 2nd, 2009 |
By Mike Caggeso |
Category: Financial News
Kenneth D. Lewis There are many ways to view Kenneth Lewis’ eight-year reign as Bank of America Corp. (NYSE: BAC) chief executive, but two seem to hold the most landscape.
Tags: BAC, Banking Crisis, Ben Bernanke, Citigroup, Federal Reserve, GS, Hank Paulson, JPM, LEHMQ, Martin Hutchinson, Mike Caggeso, SCHW, TARP, US Banking, US housing crisis
Posted in Financial News |
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Sep 22nd, 2009 |
By Ian Mathias |
Category: Politics & Economics
Looks like another government arm will soon be knocking on the Treasury’s door: “We are currently considering all options, including borrowing from the Treasury,” said FDIC chairwoman Sheila Bair. As we’ve forecast many times, the steady collapse of banks around the U.S. has put an irreparable dent in the FDIC deposit insurance fund.
Tags: Barney Frank, government bailout, Ian Mathias, US Banking
Posted in Politics & Economics |
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Sep 3rd, 2009 |
By Chris Mayer |
Category: Emerging Markets
U.S. banks are going bad as quickly as a bunch of over-ripe peaches in the summer heat. On the heels of the Colonial Bank failure comes another sizable bank failure.
Tags: china, Chris Mayer, Emerging Markets, Financial Crisis, Food Production, invest in agriculture, Investing in Biofuels, resources, US Banking, US mortgage market
Posted in Emerging Markets |
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Sep 2nd, 2009 |
By Bill Bonner |
Category: Politics & Economics
Hey, the economy is not only recovering…it’s becoming better than ever before!
Tags: AIG, BAC, Bill Bonner, Citigroup, FNM, FRE, President Obama, Subprime Mortgages, US Banking, US economy
Posted in Politics & Economics |
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Aug 28th, 2009 |
By Shah Gilani |
Category: Politics & Economics
A new Federal Deposit Insurance Corp. (FDIC) plan to offload busted banks to vulture investors strikes an uneven balance between private equity players and public taxpayers and may inadvertently sow the seeds for another round of bank failures.
Tags: Cerberus Capital Management LP, Chrysler, Fdic, Financial Crisis, Shah Gilani, toxic assets, US Banking, US taxpayers
Posted in Politics & Economics |
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Aug 11th, 2009 |
By Bob Blandeburgo |
Category: Stock Market Investing
Overdraft fees, which a large number of U.S. banks and credit unions relied on to turn a profit in 2008, are under a great deal of fire from consumers and Washington alike.
Tags: BAC, Bob Blandeburgo, Citigroup, Federal Reserve, JPM, Moebs Services Inc., Overdraft fees, President Obama, US Banking, WFC
Posted in Stock Market Investing |
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Aug 10th, 2009 |
By Dan Amoss |
Category: International Investing
In the last 18 months, Strategic Short Report readers had the chance to make 432% when Lehman failed, 162% when Allied Capital (NYSE:ALD) came clean, and 220% on PNC Financial (NYSE:PNC)… This month my subscribers are poised to make money on the next bank drop.
Tags: ALD, Bank Shareholders, Canada Banks, Dan Amoss, PNC, Subprime Mortgages, US Banking
Posted in International Investing |
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