News: 2014-02-27

Note: Today's commentary will appear later and will not be attached to today's newsletter but will go out with Friday's newsletter. See the last two day's commentary on my ten surprises for 2014.

North America
Debating Geithner’s Appearances in 2008 Transcripts - Real Time Economics - WSJ
Banks Averting Bond Losses With Accounting Twist: Credit Markets - Bloomberg
"The largest U.S. lenders are moving assets into the “held-to-maturity” column of their books instead of designating them as “available for sale,” an accounting method that under post-crisis banking regulations allows paper losses to erode measures of their health. The change pushed the share of securities that the five biggest banks keep in the held-to-maturity category to 8.4 percent, the highest in almost two decades, a...


As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.

Click here to join. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More