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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: September 2015
Danielle on The Financial Survival Network
Danielle was a guest with Kerry Lutz on The Financial Survival Network today talking about recent trends in the world economy and markets. You can listen to an audio clip of the segment here.
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DOJ’s ‘new’ guidelines nothing new
David Clay Johnston and and former bank prosecutor William Black discuss the DOJ’s ‘new’ rules for Wall Street. Here is a direct video link.
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How the IRS misinterprets the tax code and wrongly allows stock buybacks
Yesterday we saw the US Department of Justice issue a guideline to its prosecutors reminding that the law requires them to find individuals guilty as directing minds behind corporate crimes. Like DOJ lawyers needed a reminder of this basic premise … Continue reading
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