/ , , /

Sometimes the Truth Really Hurts

I have just managed to spend some time reading through the IMF’s recent Global Financial Stability Report. And yes it’s tedious at over 200 pages in length. Suffice to say that this is not the stuff young children should be allowed to read: the numbers are staggering. Martin Wolf at the Financial Times offers a […]

/ , , , /

Chrysler Settles … Sort Of

I reported last week that there was a fist fight going on between Chrysler’s bondholders and the government. Back then – doesn’t it seem ages ago? – the creditors were holding out for more than the paltry $1.1 billion that the government wanted to give them. This is a long way down from the $6.9 […]

/ , , , /

Bank Capital Problems

Lost amid the ruckus over Arlen Specter’s switch to the Democrats is the continuing negotiation between the administration and those big banks deemed to have failed the recent stress tests. That’s inflammatory language on my part: apparently no one officially ‘failed’, but some seem to have passed ‘less well’. In particular Citibank and Bank of […]

«< 508 509 510 511 512 >»