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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: August 9, 2016
Building bust traps thousands in Saudi desert nightmare
Human costs compound as finance-engineered asset bubbles burst. Liquidity is evaporating worldwide as the cash crunch spreads from under-saved, under-employed households to over-levered governments and businesses. First they had no pay, and then no work. For a time, there wasn’t … Continue reading
Fair, transparent systems must be the norm, not ‘revolutionary’
Security exchanges should be providing a utility highway that is stable, transparent, neutral and fair for all traffic. Success must be earned not purchased as preferential treatment from the police. The current system is corrupt and has deservedly lost the … Continue reading
Double duty: selling academic credentials to ‘advise’ public policy
We cannot afford ‘advice’ from those paid to promote corporate interests. These duplicitous activities are the cancer that has been undermining sustainable policies, fairness and healthy evolution in the free world. Those who wish to offer counsel as learned experts … Continue reading