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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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Monthly Archives: May 2012
Understanding the post-credit bubble world
Last week I sat down with Alasdair MacLeod of the GoldMoney Foundation’s Alasdair to discuss the current economic crisis, the financial sector and where the global economy may be heading. “Park talks about government intervention in the economy and the … Continue reading
Facebook: learning lessons the hard way (again)
Facebook was the most over-hyped issue I have seen in the past 20 years. That’s saying something, because new issue pump and dumps are the norm. I have literally witnessed dozens of new issues pass by my desk over the … Continue reading
Bill Black on JP Morgan’s “wild, crazy, insane” risk to taxpayers
The Daily Ticker’s Aaron Task interviews William Black about JP Morgan’s massive trading loss and why CEO Jamie Dimon must be replaced with a manager who is not addicted to exploiting federal subsidies ala taxpayers to gamble on financial derivatives. … Continue reading