samedi 29 août 2009

1,000 Banks to Fail In Next Two Years: Bank CEO - Private Equity and Hedge Funds * US * News * Story - CNBC.com

1,000 Banks to Fail In Next Two Years: Bank CEO - Private Equity and Hedge Funds * US * News * Story - CNBC.com: "The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May."

lundi 24 août 2009

US May See 150-200 More Bank Failures: Bove - Financials * US * News * Story - CNBC.com

US May See 150-200 More Bank Failures: Bove - Financials * US * News * Story - CNBC.com: "Bove said 'perhaps another 150 to 200 banks will fail,' on top of 81 so far in 2009, adding stress to the FDIC's deposit insurance fund."

vendredi 21 août 2009

Editorial - Debit Card Trap - NYTimes.com

Editorial - Debit Card Trap - NYTimes.com: "Moebs Services, a research company that has conducted studies for the government as well as some banks, reported recently that banks will earn more than $38 billion this year from overdraft and bounced-check fees. Moebs also estimates that 90 percent of that amount will be paid by the poorest 10 percent of the customer base."

jeudi 13 août 2009

Harry Markopolos: CDS Fraud Will Make Madoff Look "Small-Time"

Harry Markopolos: CDS Fraud Will Make Madoff Look "Small-Time": "Memo to regulators: be forewarned about frauds
in the credit-default swap market. They'll make Bernie Madoff's $65 billion fraud 'look like small-time.'

That's what Harry Markopolos -- Madoff's whistleblower ignored by federal investigators -- is saying, anyway."

dimanche 9 août 2009

mercredi 29 juillet 2009

Bernanke explains crisis to 'average Americans' - MarketWatch

Bernanke explains crisis to 'average Americans' - MarketWatch: "WASHINGTON (MarketWatch) -- Federal Reserve Board Chairman Ben Bernanke discussed the economy with average Americans on Sunday, saying the current financial crisis could be even more virulent than the Great Depression."