October 12th, 2009 16:59:13 GMT

Equities

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Equities are trying to fight their way down with this low volume today so I would not be in anything that conflicts with that because in the end equities will win!

October 12th, 2009 14:28:09 GMT

Expect outrage later this week

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Many of the big US banks will report earnings this week and profits will be staggering. Politicians will be outraged, no doubt, (aren’t they always?), but the Fed has laid the groundwork for banks to earn enormous profits with relatively … Continue reading

October 7th, 2009 16:35:23 GMT

Le crisis est fini: BNP

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The banking crisis is over for French banks says the CEO of BNP Paribas. French banks have stopped using state guarantees, he says via Reuters. French banks earlier this week began paying back bailout funds received at the height of … Continue reading

September 18th, 2009 13:27:15 GMT

Fed will regulate banker’s pay

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The Federal Reserve will regulate the incentive compensation across all the firms it regulates. Guidelines will be made available in a matter of weeks. Since Big Ben makes only $183,500 per year, Wall Street CEOs should be afraid. Very afraid.

August 26th, 2009 00:44:31 GMT

AEP takes aim at BB

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Ambrose’s latest from the UK Telegraph- he reckons that, yes Ben Bernanke may have saved the world, but he was instrumental in causing the problem in the first place.

August 17th, 2009 21:42:07 GMT

Too early to declare victory over GFC

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Australian treasury secretary Ken Henry has warned that it is premature to say that the global financial crisis is at an end and the prospects of a second wave are very real.

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