TDTR means Too Difficult to Resolve
Long-term weakness but no collapse.
This is going to be a tough nut to crack. The US can’t be seen telling the Chinese publicly to revalue. But, on the other hand, this does seem a lot like a beggar they neighbor policy. If the dollar loses yet more value against the floaters. expect the peg to come under pressure.
NAMA not gov’t debt.
"which will set out in detail how the bank plans to avoid majority state ownership."
Formal request now.
"It wants to buy $20bn in outstanding defaulted bonds held by investors"
"Fewer African-Americans are filing and more whites and more Asians."
This is no surprise.
"grew at its fastest pace for almost two years in October"
I see this as a sign of dollar weakness and asset price inflation
Worries of economic nationalism in finance.
Dick Bove’s about face on WFC has everyone perplexed. More on MSR too.
“attempting to get a free ride on the back of Nokia’s innovation”
Fuller perspective of her views.
Call this a pro-Telco, anti-Tech move
This news is all the rage on social networking sites.
Was Cassandra too hasty in writing of JW Meriwether?
Evidence abounds of orchestrated propaganda.
$199 million in Net income.
Understandable but coercive. A mistake that restricts credit.
All of the financials are still beating
Only the too big to fail sort