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: Debt
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 »
The economy 4 years after Lehman
Description: CNNMoney takes a look at Wall Street jobs and where the country’s money is concentrated four years after Lehman Brothers went bankrupt. Source: CNNMoney.com – video report Date: Sep 14, 2012 Link: http://money.cnn.com/video/news/2012/09/14/n-economy-four-years-after-lehman-collapse.cnnmoney/ Questions for Discussions: Summarize the changes that have taken place during the past four years. What change can be considered “for… 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 »
Are the Big Banks Keeping Their Commitment to Small Businesses?
Description:  Last September in Cleveland, 13 of the nation’s largest banks stood beside Vice President Joseph R. Biden Jr. and Karen Mills, chief of the Small Business Administration, and announced a commitment to increase small-business lending by $20 billion over the following three years. Source: NYTimes.com Date: Sep 06, 2012 Link: http://boss.blogs.nytimes.com/2012/09/06/are-the-big-banks-keeping-their-commitment-to-small-businesses/?ref=smallbusiness Questions for Discussions: … Read more »
Small Business Still Credit-Crunched, New York Fed Poll Says
Description: Small businesses in metro New York are still having trouble borrowing, according to a new poll released today by the Federal Reserve Bank of New York. Source: Businessweek.com Date: Aug 15, 2012 Link: http://www.businessweek.com/articles/2012-08-14/small-biz-still-credit-crunched-new-york-fed-poll-says#r=nav-img Questions for Discussions: What does this report say about the state of small business borrowing? Can you offer additional explanations… 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 »
The Market’s Facebook Freakout
Description: It’s the dog days of summer, and Facebook’s (FB) stock price is locked in the kennel. Investors are obsessing over everything that’s wrong with the social network. Mark Zuckerberg hasn’t figured out how to make money on smartphones. Several million of its nearly 1 billion active accounts are duplicates, according to the company, and… 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 »
