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Cory’s Chart Corner
Wow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothDanielle DiMartino Booth @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
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Daily Archives: December 16, 2008
Management risk in the money business
News of the Madoff Fiasco hit this weekend. Bernie Madoff founder of Bernard L. Madoff Securities Inc., based in New York City was apprehended by federal investigators. Founded in the 60's Madoff's firm boasted an impressive list of A-clients both … Continue reading
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