The bailed-out megabank hasn’t had a single year in the black since 2007.
Black Friday for them. Meet the OTC’s “skull and crossbones.”
Is the private equity tail wagging the public infrastructure dog?
Barclays faces a criminal trial in the UK. Last week it was RBS.
How can the media be so gullible – and pliable? I don’t know either.
What would the Fed do?
And who was buying? Answers emerge.
When all is said and sold off, GE’s debt burden – much of it attributable to GE Capital – looks enormous versus the size of remaining assets and cash flow.
It’s just a question of how disruptive the adjustment will be, whether it will be just a painful sell-off or junk-bond mayhem.
Why is Fannie Mae Offering Goldman Sachs et al. Such Fat Margins on Defaulted Mortgages?