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Cory’s Chart Corner
Load MoreWow...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 @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.
@business
Daily Archives: August 12, 2016
Understanding the waves of the 2000-2016 financial crisis
In understanding the origins and nature of the present financial crisis, we should appreciate that subprime debt and its ‘securitization'(selling junk as investments to indiscriminate and duped buyers) were deployed to revive animal spirits after the 2000-03 tech wreck, and … Continue reading
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What Nina Simone and Billy Joel have in common
We recently watched the amazing Netflix documentary about jazz legend Nina Simone, What happened, Miss Simone? Using never-before-heard recordings, rare archival footage and her best-known songs, this is the story of legendary singer and activist Nina Simone. Here is a … Continue reading
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