Category Credit crisis

It may seem irrelevant financial esoterica but it’s not. The yield curve is acting strangely and interbank swap rates are widening.  These can be signals that Big Money is getting seriously nervous about what’s coming down the road. The yield…

Can’t imagine they’re just saying this to scare people.

A new FASB regulation means corporations can no longer, whether for legitimate reasons or otherwise, use special entities called QSPEs to keep transactions off their books. We’re talking trillions of dollars here that must come back on the books, presumably…

There will be numerically less failures than during the S&L crisis. But banks are much larger now.  So the damage may well be worse. So, how do you protect yourself? Bank with a huge institution like BofA assuming it is…