Related Blog Posts
Interview with J.S. Kim
50 minutes ago ago from Phil's Favorites - By Ilene
Interview with J.S. Kim By Ilene Introduction J.S. Kim is the founder of SmartKnowledgeU™, an independent investment research and wealth consulting firm. J.S. accurately called the recent global financial crisis, sharing his thoughts on his investment blog , to his subscribers, and in a series of YouTube videos . His articles have been reprinted online by Reuters, the New York Times, USA Today, the Wall Street Journal, the ...
Related contentThe domino effect
4 hours ago ago from Keep America At Work
I should have titled this How our economists and federal reserve and politicians and corporate executives are blinded by greed because they still don't understand what has happened here in America and in the rest of the World. Fact: I do not have the resources available to me to do a detailed analysis of this, but if you will analyze the GDP of the top 20 countries you will find that their economy depends on Americans buying their ...
Related contentRelated News
What became of the biggest players
14 hours ago ago from Washington Post - Business
The Federal Reserve did not prepare some large banking companies to weather the financial crisis. The 10 largest U.S. retail banking companies on the eve of the financial crisis: This Story 1. Citigroup -- The Fed let it gamble beyond its means, allowing the company to circumvent basic regulations requiring banks to hold capital reserves against unexpected losses. 2. Bank of America -- Needed more than $45 ...
Related contentFed's approach to regulation left banks exposed to crisis
14 hours ago ago from Washington Post - Politics
Foreclosures already pocked Chicago's poorer neighborhoods but the downtown still was booming as the Federal Reserve Bank of Chicago convened its annual conference in May 2007. This Story The keynote speaker, Federal Reserve Chairman Ben S. Bernanke, assured the bankers and businessmen gathered at the Westin Hotel on Michigan Avenue that their prosperity was not threatened by the plight of borrowers struggling to ...
Related contentAlan Schram: Low Interest Rates are Bonanza to the Banks
13 hours ago ago from Huffington Post
Banks have been frustrating the Administration's efforts of economic revival by being reluctant to lend, and the President has been complaining about it. But that is to be expected. Banks are behaving rationally in response to the environment created by the Treasury and the Federal Reserve, i.e. interest rates at effectively zero. They are simply engaged in yield curve arbitrage. Zero interest rates mean that banks can borrow short-term ...
Related contentRelated Videos
Nothing to see... move along.
