Analysis Topic: Companies Analysis
The analysis published under this topic are as follows.
Friday, November 05, 2010
Financial Fraud in Germany, Deutsche Bank and the US Mortgage Scam / Companies / Credit Crisis 2010
By: F_William_Engdahl
The earlier filing of fraud charges against Wall Street banking titan Goldman Sachs by the US Government Securities and Exchange Commission (SEC) was only the tip of a huge fraud iceberg. Now a US mortgage insurer has charged one of the most aggressive banks involved in the US subprime mortgage scam of fraud. The bank is none other than Deutsche Bank. This case is also likely to be just the “tip of a very big iceberg.”
Wednesday, August 04, 2010
Lloyds TSB £1.6 Billion Tax Payer Funded Profits / Companies / Credit Crisis 2010
By: Nadeem_Walayat
Eric Daniel's and the rest of the management at Lloyds TSB are patting themselves on the back for having turned last years £4 billion loss into a £1.6 billion profit for the first half of this year. However the whole of LLoyds profits and that of the other reporting banks such as RBS, and Northern Rock are as a consequence of the tax payer bailouts without who's continuing support Lloyds TSB and the other banks would still be bankrupt today.
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Thursday, July 01, 2010
SULTANS OF SWAP: BP Collapse Potentially More Devastating than Lehman! / Companies / Credit Crisis 2010
By: Gordon_T_Long
As horrific as the gulf environmental catastrophe is, an even more intractable and cataclysmic disaster may be looming. The yet unknowable costs associated with clean-up, litigation and compensation damages due to arguably the world’s worst environmental tragedy, may be in the process of triggering a credit event by British Petroleum (BP) that will be equally devastating to global over-the-counter (OTC) derivatives. The potential contagion may eventually show that Lehman Bros. and Bear Stearns were simply early warning signals of the devastation lurking and continuing to grow unchecked in the $615T OTC Derivatives market.
Friday, April 23, 2010
Goldman Sachs History Suggests Its Vulnerability in Periods of Negative Social Mood / Companies / Credit Crisis 2010
By: EWI
Goldman Sachs Charged With Fraud: Who Could Have Guessed?
In the November 2009 issue of Elliott Wave International's monthly Elliott Wave Financial Forecast, co-editors Steven Hochberg and Peter Kendall published a careful study of Goldman Sachs history -- and made a sobering forecast for its future.
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Thursday, April 22, 2010
Goldman Sachs "Financial Fraud!" What a Happy Noise. Revenge is Sweet / Companies / Credit Crisis 2010
By: Mike_Whitney
Schadenfreude. The pleasure derived from watching someone else suffer. It's human nature and it's what's what's driving the Goldman pile-on. SEC Enforcement director Robert Khuzami had barely uttered his statement on Friday, before the the yelps of joy arose from every corner of the country. "Fraud!" What a happy noise. Revenge is sweet. Suddenly the prospect of subpoenas, indictments, and long prison sentences didn't seem so remote. But don't get your hopes up. Goldman was picked for a reason, and that reason has nothing to do with its shady business transactions. It's politics.
Tuesday, April 20, 2010
Bad Banks, Are There More Cockroaches in the Kitchen? / Companies / Credit Crisis 2010
By: Hans_Wagner
If you have you ever seen a cockroach in the kitchen, you know there are more than what you see. The same concept applies to improper financial activity by companies. When you find one bad action, you will more than likely find others. The Securities Exchange Commission (SEC) is suing Goldman Sachs for failure to disclose “vital information” regarding a synthetic collateralized debt obligation, named Abacus 2007-ACI.
Sunday, April 18, 2010
Going After Goldman: A Crackdown on Financial Crime or a Kabuki Play Maneuvre to Avoid Bringing Criminal Charges / Companies / Credit Crisis 2010
By: Danny_Schechter
Fox Business News was engrossed in interviewing a blonder than thou reality TV bimbo when the news that the Securities And Exchange Commission was filing fraud charges against Goldman Sachs broke on Friday afternoon.
The breaking news bulletins were already flying through cyberspace before the Fox Means Business network got around to moving from a snickering interview with a starlet confessing to commodifying and monetizing her appeal to the biggest story in months on the Street beat. Corporate fraud allegations seem to make free market boosters nervous.
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Sunday, April 18, 2010
Goldman Sachs Lost $90 Million on Paulson’s CDO And Saved Themselves $1 Billion / Companies / Credit Crisis 2010
By: Andrew_Butter
Goldman Sachs is “vigorously” protesting their innocence against the SEC complaint; here is their second press release:
Tuesday, April 13, 2010
Is Your Bank a Failure Waiting to Happen? / Companies / Credit Crisis 2010
By: Graham_Summers
Yesterday I explained the TRUE underlying cause of the Financial Crisis (derivatives). Today, I’m going to show you which institutions are most vulnerable to this massive, unregulated market.
Now, the most common derivatives are based on typical financial entities/ issues: commodities, stocks, bonds, interest rates, etc. However, the vast bulk of them (84%) are based on interest rates:
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Monday, April 12, 2010
How to Protect Yourself from a Bank Run / Companies / Credit Crisis 2010
By: DailyWealth
An elderly woman was panicking...
"It's my life savings we're talking about, my pension. I'll have nothing left if they go under," she said.
Tuesday, February 23, 2010
Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs / Companies / Credit Crisis 2010
By: Janet_Tavakoli
Richard Teitelbaum Bloomberg News writes: Janet Tavakoli, founder of Tavakoli Structured Finance Inc., a Chicago-based consulting firm, says the New York Fed’s secrecy has helped hide who’s responsible for the worst of the disaster. “The suppression of the details in the list of counterparties was part of the coverup,” she says.
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Monday, January 18, 2010
Goldman Created Value Destroying Securitizations Now Pretends Not Responsible for Massive Systemic Risk / Companies / Credit Crisis 2010
By: Janet_Tavakoli
Janet Tavakoli tells CNN Goldman and others created value-destroying securitizations and are trying to pretend they were not responsible for massive systemic risk.
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Wednesday, January 13, 2010
It's Time For Shareholders to Squeeze Greedy Wall Street Bank Bonuses / Companies / Credit Crisis 2010
By: Money_Morning
Martin Hutchinson writes: Wall Street bonuses are back in the news again, as the Obama administration scores cheap political points by bashing bankers.
Wall Street's investment-banking houses correctly claim that they are paying out a much-lower-than-usual percentage of their profits in the form of bonuses - in some cases, less than 50%.