Skip to Content

Archive for June 2010

Unfinished business (2): European banks

Thumbnail : Unfinished business (2): European banks

The latest quarterly review of the Bank of International Settlements (BIS) compares today’s European sovereign debt crisis with the 2007-2009 financial crisis. The BIS understands the European crisis as similar to the early phase of the credit crunch, in 2007. In a similar vein to the post below about US banks needing to restructure, the BIS […]

Unfinished business (1): US banks

Thumbnail : Unfinished business (1): US banks

In a perceptive “Heard on the Street” column, the Wall Street Journal notes that credit continues to contract, despite government stimulus and Federal Reserve monetary expansion. The Journal says that a more thorough restructuring is needed if the US is to avoid a Japan-style “lost decade”.  Bank loans and leases have fallen by 10.5% since the […]

June 2010
M T W T F S S
« May   Jul »
 123456
78910111213
14151617181920
21222324252627
282930  

Archives

CONTACT ME

I'd like to hear from you. Feel free to email me with comments, suggestions, whatever. I can be reached at mail@americansituation.com.