Analysis Topic: Companies Analysis
The analysis published under this topic are as follows.
Tuesday, December 06, 2011
How Safe Are America's Biggest Banks? / Companies / Credit Crisis 2011
By: EWI
Lost in the clamor over the central banks' "let there be liquidity" pronouncement, Standard & Poor's just downgraded fifteen major U.S. and European banks.
The downgrade doesn't mean Bank of America, Goldman Sachs, Citigroup, Barclays, UBS, Wells Fargo and others will close shop tomorrow. But the long-term credit downgrade does raise questions about their stability.
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Monday, November 21, 2011
Global Systemic Crisis: Decimation of the Western Banks / Companies / Credit Crisis 2011
By: LEAP
As anticipated by LEAP/E2020, the second half of 2011 is seeing the world continuing its unstoppable descent into global geopolitical dislocation characterized by the convergence of monetary, financial, economic, social, political and strategic crises. After 2010 and early 2011 which has seen the myth of a recovery and exit from the crisis shattered, it's now uncertainty that dominates the States’ decision-making processes just like businesses and individuals, inevitably generating increasing apprehension for the future. The context singularly lends itself: social explosions, political paralysis and / or instability, return to the global recession, fear over banks, currency war, the disappearance of more than ten trillion USD in ghost-assets in three months, widespread lasting and rising unemployment...
Sunday, November 06, 2011
MF Global: $658 Million in Missing Customer Funds Maybe Found in Account at JP Morgan / Companies / Credit Crisis 2011
By: Jesse
According to Bloomberg, $658.8 Million in what could be the 'missing customer funds' were 'found' today in an account at JP Morgan.
I know how it is. Sometimes you forget to check your coat pockets and miscellaneous bank statements too. Sloppy bookkeeping. Tsk tsk. Oh well, just an honest mistake, right?
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Friday, November 04, 2011
Credit Derivatives and Leverage Sank Jon Corzine’s MF Global / Companies / Credit Crisis 2011
By: Janet_Tavakoli
“Repo to Maturity” Transactions Are in Substance Total Return Swaps, a Type of Credit Derivative.
Fallout Is Worse Than Lehman For the Exchange-Traded Futures Markets.
Wednesday, November 02, 2011
MF Global Bankruptcy Exposes Vulnerability of U.S. Banks to Eurozone Debt Crisis / Companies / Credit Crisis 2011
By: Money_Morning
David Zeiler writes:
The bankruptcy of MF Global Holdings (NYSE: MF) was a distressing signal to investors that it is possible for U.S. financial institutions to fall victim to the Eurozone debt crisis.
MF Global filed for Chapter 11 bankruptcy Monday after credit downgrades led to margin calls on some of the $6.3 billion in Eurozone sovereign debt the bank held. The position was five-times MF Global's equity.
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Sunday, October 23, 2011
Is Bank of America Headed for the Glue Factory? / Companies / Credit Crisis 2011
By: Mike_Whitney
Why is Bank of America moving derivatives from Merrill Lynch to an insured subsidiary? Is it because the derivatives could blow up at any time leaving Merrill with gigantic, unsustainable losses? If that’s the case, then it would make perfect sense to shift them into a depository institution that’s covered by the FDIC. That way, the taxpayers would wind up paying for the damage and no one would be the wiser. It’s like a stealth bailout, right? The only problem is that Bloomberg let the cat out of the bag, so now everyone knows what’s going on. And that’s going to be a very big problem for B Of A. Here’s a clip from the Bloomberg article:
Monday, October 17, 2011
Europe's Banks Are Still About to Go Bust / Companies / Credit Crisis 2011
By: Money_Morning
Keith Fitz-Gerald writes:
The latest plan to preserve the European Union (EU) and save the global banking sector is to force European banks to increase their equity capital.
The goal, of course, is to restore confidence and stability. But if that's the case, then why are so many analysts and savvy investors still nervous?
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Wednesday, August 24, 2011
Will the Market Force Bank of America to Raise Capital? / Companies / Credit Crisis 2011
By: Bloomberg
Rochdale Securities analyst Dick Bove told Bloomberg TV's Margaret Brennan this morning that Bank of America has sufficient capital and that you cannot "break the bank" by driving the stock price lower.
Bove also re-affirmed his belief that Goldman Sachs needs to shake up its management ranks.
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Tuesday, June 07, 2011
Goldman Subpoena, Investigation Add to Pressure on Bank Stock Prices / Companies / Credit Crisis 2011
By: Money_Morning
David Zeiler writes:
Big bank stock prices, already suffering from an avalanche of difficulties, suffered another setback when news broke last Thursday that Goldman Sachs Group Inc. (NYSE:GS) had received a subpoena from the Manhattan district attorney for records relating to its role in collapse of the mortgage market.
Saturday, May 28, 2011
Don't be Fooled: Banking Crisis Not Over / Companies / Credit Crisis 2011
By: Money_Morning
Shah Gilani writes:
U.S. banks are seeing positive trends in several measures of their health. That's the good news.
Unfortunately, U.S. banks continue to struggle with some much-more-deeply entrenched problems. Those problems pose a major threat to banking-system health.
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Saturday, May 07, 2011
Swiss banks not safe anymore / Companies / Credit Crisis 2011
By: Pravda
Swiss banks may no longer be a reliable storage for the funds the origin of which is questionable. The Swiss authorities have recently opened secret bank accounts of former presidents of Egypt and Tunisia - Hosni Mubarak and Zine El Abidine Ben Ali, as well as of Libya's Gaddafi.
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Friday, December 10, 2010
Banking Sector Financial Crisis 2011, The Real Reason Why the Fed May Go For QE3 / Companies / Credit Crisis 2011
By: Money_Morning
Shah Gilani writes:
Ben Bernanke has a secret. And it's a secret that very likely terrifies him and his policymaking brethren at the U.S. Federal Reserve.
That secret has to do with his latest round of "quantitative easing," a liquidity-push known as "QE2."
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