Tue 2009-02-24 00:00 EST
Jesse's Café Américain: A Modest Proposal from Joseph Stiglitz ``allow every distressed bank to go bankrupt and set up a fresh banking system under temporary state control rather than cripple the country by propping up a corrupt edifice''
Tue 2008-10-07 00:00 EDT
Mon 2008-09-08 00:00 EDT
Paulson Begins Gradual Wind-Down of GSEs within Conservatorship, by Institutional Risk Analytics; ``Now that the Treasury at least partly has followed our recommendation and taken the GSEs off the table as a concern for the bond investors who hold trillions of dollars worth of GSE debt, the markets and the respective presidential candidates can focus on the next, more pressing challenge, namely helping to refloat the US banking system''
conservatorship; GSEs; Institutional Risk Analyst; Paulson Begins Gradual Wind.
Tue 2008-08-26 00:00 EDT
The End of the Beginning - Developments in the Credit Crisis, by Satyajit Das (Prudent Bear); 2008-05-27; ``limited recognition of the massive de-leveraging of the global financial system that is under way.'' ``The banking systems ability to supply credit is significantly impaired and will remain so for the foreseeable future.'' ``Changes in financial markets will have a significant impact on many companies that now rely on financial engineering rather than real engineering'' Das proposes: ``holdings and values of risky assets held by banks and investment banks must be accurately determined...Risky assets must be valued on a hold-to-maturity basis...Mark-to-market accounting should be suspended...Capital levels should be set on a bank-by-bank basis by regulators...Capital requirements should be eased...government [should] guarantee of all major bank liabilities''
Mon 2008-08-04 00:00 EDT
Is the U.S. Banking System Safe? by James Quinn - Seeking Alpha; "The U.S. banking system is essentially insolvent. The Treasury, Federal Reserve, FASB, and Congress are colluding to keep the American public in the dark for as long as possible...When you see a bank CEO or a top government official tell you that everything is alright, run for the hills. They are lying."
Mon 2008-03-31 00:00 EDT
Buffett versus Greenspan on derivatives; "the development of credit derivatives has contributed to the stability of the banking system", or "rapidly growing trade in derivatives poses a "mega-catastrophic risk" for the economy"; 2007-07-04
Sun 2008-02-03 00:00 EST
Money Matters: America's Teetering Banking System: "Where did all our deposits go?, by Mike Whitney
America's Teetering Banking System; deposits go; money matters.
Wed 2008-01-16 00:00 EST
by Elaine Meinel Supkis; "The US plans to go bankrupt. I feel it in my bones."
global banking system; money matters; Red Ink Slams; Tsunami.
Fri 2007-12-21 00:00 EST
The Coming Collapse of the Modern Day Banking System
Thu 2007-12-13 00:00 EST
The Fed's Magic Tricks, by Mr Practical, Minyanville; watching discount rate; "banking system is seized up"
Sun 2007-11-25 00:00 EST
Fed moves irrelevant as banking system collapses; "Slashing rates to 1% was what created this mess. Cutting them to 1% again can hardly be the solution."
Liquidity Pump Runs Dry; Mish's Global Economic Trend Analysis.
Fri 2007-09-14 00:00 EDT
Minyan Mailbag: Has the Fed Added Liquidity to the Markets? "it is not the Fed that creates liquidity in an economy; it is the commercial banking system"
