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Bank risks as Fed backs off QE
Former Federal Deposit Insurance Corp. Chairman Sheila Bair talks about financial regulation and U.S. banks’ exposure to an increase in interest rates. Bair, now a senior adviser to the Pew Charitable TrustsHere is a direct link.
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Record leverage prompts dash for cash out of everything else
Rick Santelli looks at how record leverage is driving a ‘grand rotation’ out of all asset classes and into cash. Here is a direct link.
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Student debt crushing next generation of consumers
More than 38 million Americans have student loan debt, totaling nearly $1 trillion–a staggering number that has quadrupled in 10 years and keeps rising. Student loan debt now surpasses credit card and auto loan debt in America, and interest rates … Continue reading
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