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23 Feb 2009, 2:36 pm
Last week I posted the one month report on the Obama market, but a correspondent has mentioned that the relevant comparisons ought to be with either or both of election day, November 4, 2008, or the last market day before President Obama's inauguration, which was January 16, 2009. [read post]
23 Feb 2009, 2:25 pm
  It is not currently clear why or how the Banking Commission has jurisdiction non-banking private pools of capital, especially for those funds which do not utilize any sort of leverage. [read post]
23 Feb 2009, 8:21 am
" He also cautioned that the law's preference for restricted stock would provide executives an incentive to resist additional share issuances that would greatly dilute the value of their shares, even if the bank needed a capital infusion to survive. [read post]
23 Feb 2009, 7:35 am
" There is one way to do that now - nationalization. [read post]
20 Feb 2009, 2:50 pm
  Yet, in one form or another nationalization is happening and will continue to happen. [read post]
19 Feb 2009, 6:20 pm
The combination of the home mortgage interest deduction, low interest rates, banking deregulation, and the bubble that ensued, all in turn allowed lenders to externalize foreclosure risks, until the bubble burst. [read post]
19 Feb 2009, 2:16 pm
Allen Stanford, Stanford International Bank for Multi-Billion Dollar Investment Scheme, SEC.gov, February 17, 2009 Read the SEC Complaint (PDF) Stanford International Bank Stanford Group Company Stanford Capital Management [read post]
18 Feb 2009, 7:15 pm
" He said the moves contribute to "the media frenzy" surrounding companies that sold shares to the government under the Treasury's Capital Purchase Program.One TV reporter showed up on his doorstep before 8 a.m. one day last week, he said.Personally, I wouldn't care what time of day a TV reporter showed up unannounced on my front doorstep to harass my family over something that had to do with my business life. [read post]
18 Feb 2009, 6:01 am
Allen Stanford and three of his companies: Antiguan-based Stanford International Bank, Houston-based broker-dealer and investment adviser Stanford Group Company, and investment adviser Stanford Capital Management. [read post]
17 Feb 2009, 7:46 pm
Treasury in November through its capital purchase program. [read post]
17 Feb 2009, 4:05 pm
Whether in the form of a structured settlement annuity or a United States Treasury Bond Structured Settlement they certainly are one way to go for tort victims and their attorneys. [read post]
16 Feb 2009, 7:47 pm
" As one OCC attorney told me during the last big banking meltdown, "You can NEVER have too much capital. [read post]
16 Feb 2009, 9:32 am
The legislation requires the SEC to issue any final rules and regulations required by the "say on pay" provision within one year after enactment. [read post]
16 Feb 2009, 1:45 am
  According to a February 9, 2009 Bloomberg article (here), an RBC Capital Markets analyst has predicted that as many as 1,000 U.S. banks may fail in the next three to five years. [read post]
13 Feb 2009, 2:01 pm
January 16, 2009 deals not previously committed (Notice 2008-83 granted similar relief to banking institutions). 5-Year Carryback of NOLs for Smaller Business. [read post]