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Monthly Archives: March 2012
Asia analyst: China in a “hard landing”
Adrian Mowat, chief Asian and emerging-market strategist at JPMorgan Chase & Co., cites evidence of declining commodity consumption–particularly steel and cement–as evidence of a hard landing now playing in the Chinese economy. Longer term this cool down is healthy for … Continue reading
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Barofsky: “Why is the Fed in such a rush to allow these banks to deplete their capital?”
Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the results of the Federal Reserve’s bank stress tests. Here is the direct link.
Insiders coming clean on their bank employers–better late than never?
It is too bad that so many people have aided and abetted the mass fraud and flagrant abuse of trust that the financial sector has perpetrated on the world over the past 15 years. Greed in the final throes of … Continue reading
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