Description: Reflecting on the 2008 financial crisis, former FDIC chairperson Sheila Bair discusses her regrets over the bailout of the big banks. Source: CNNMoney.com – video report Date: Sep 27, 2012 Link: http://money.cnn.com/video/news/2012/09/27/n-sheila-bair-citi-bailout.fortune/ Questions for Discussions: Summarize the regrets expressed in hindsight by Sheila Blair. Why do you suppose Citi bondholders were “protected†by the… Read more »
Posts Tagged: Bonds
Bank of America to Pay $2.43 Billion to Settle Suit Over Merrill Deal
Description: Bank of America announced on Friday that it would pay $2.43 billion to settle a class action lawsuit related to its acquisition of Merrill Lynch, as the legal woes continue for the financial institution. Source: NYTimes.com Date: Sep 28, 2012 Link: http://dealbook.nytimes.com/2012/09/28/bank-of-america-to-pay-2-43-billion-to-settle-class-action-over-merrill-deal/?ref=business Questions for Discussions: What lessons are there to be learned here for investors and… Read more »
Why It May Be Too Late for QE3
Description: Paul Vigna and Spencer Jakab discuss why another round of bond buying may be wishful thinking, and Miriam Gottfried looks at what a hologram of Tupac means for investors. Photo: Reuters. Source: Moneywatch.com – video report Date: Sep 13, 2012 Link: http://on.wsj.com/ROw9CJ Questions for Discussions: Summarize the analysis presented in this report. Do you… Read more »
Bernanke: Fed Gears Up to Do More to Lift Economy
Description: Fed chairman Ben Bernanke expressed concern over the labor market, defended the central bank’s monetary policies and left no doubt he plans to do more to lift the economy at the next meeting in September. Sudeep Reddy reports on Markets Hub. Photo: AP. Source: Marketwatch.com – video report Date: Aug 31, 2012 Link: http://on.wsj.com/R2sKQl… Read more »
In the Calm of Summer, Stocks Climb Gingerly
Description: Stocks approached their highest levels of the year on Friday in the wake of some mildly encouraging economic data, closing out their sixth-straight positive week. Source: NYTimes.com Date: Aug 17, 2012 Link: http://www.nytimes.com/2012/08/18/business/daily-stock-market-activity.html?ref=business Questions for Discussions: Summarize the summer activity in stock markets. Do you agree with the explanations provided for this behavior? Where… Read more »
Happy Fifth Birthday, Financial Crisis
Description: WSJ’s Matt Phillips stops by Mean Street to mark five years since the global credit crunch which sent the global economy into a tailspin. (Photo: Reuters) Source: Marketwatch.com – video report Date: Aug 09, 2012 Link: http://live.wsj.com/video/happy-fifth-birthday-financial-crisis/2F60CB68-CE72-4D21-B7AF-099008A6D84C.html Questions for Discussions: Summarize the history of the financial crisis as reported. What do you think was… Read more »
Canadian Companies Shop for European Assets
Description: Canadian companies and pension funds are on a European acquisition binge, even as U.S. and Chinese buyers slash spending on takeovers there. Europe’s low valuations and the robust Canadian dollar are spurring deals by Canadian companies such as Brookfield Asset Management (BAM) and Alimentation Couche-Tard. “Canadian companies are basically punching above their weight in… Read more »
Bank bailout failed homeowners
Description: Former TARP Inspector General Neil Barofsky says the program failed to protect Main Street from Wall Street. Source: CNNMoney.com – video report Date: July 25, 2012 Link: http://money.cnn.com/video/news/2012/07/25/n-Barofsky-TARP.cnnmoney/ Questions for Discussions: Summarize commentary in this report about the failure to manage TARP. Do you believe the criticism is fair? What are the economic prospects… Read more »
Housing: A Long Way From Normal
Description: Remember suburban Phoenix, home of empty subdivisions with green swimming pools and roving coyotes? It’s booming again. A house in Glendale got 95 offers and eventually sold for 17 percent above the asking price. “This is not something we would see in a normal market,†says Michael Orr, director of the Center for Real… Read more »
Spain financial woes worsen as bank bailout approved
Description: Spain’s financial woes deepened ominously Friday after a heavily indebted region asked Madrid for help and the government predicted more recession next year, prompting investors to dump stocks and government bonds. Source: GlobeandMail.com Date: July 20, 2012 Link: http://www.theglobeandmail.com/report-on-business/international-business/european-business/spain-financial-woes-worsen-as-bank-bailout-approved/article4429366/ Questions for Discussions: Explain the cause of the Spanish stock market drop? How are interest… Read more »
