Remove 2008 Remove 2016 Remove Balance Sheet Remove Finance
article thumbnail

European Banks Dump Massive Amounts of Subordinated Debt on Investors

MishTalk

It is the highest such volume since the $122.4bn seen in 2008 according to Dealogic, the data provider. Details show the alleged rainy-day fund is a pathetic €12.5bn of joint funds not available until 2020, even though 128 banks covered in the agreement have an aggregate balance sheet somewhere between €26 trillion and €27 trillion.

Banking 71
article thumbnail

Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. The dismal forecast has some bracing for another taxpayer-financed bailout. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

As surface transportation’s peak period ends for the year, and trucking eyes the traditionally slowest time for the industry as first quarter 2016, economic signals are, at best, mixed. Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative. The actual growth rate for 2008 turned out to be –2.8%—the

article thumbnail

FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. December 2008 (85). November 2008 (78). October 2008 (108).

article thumbnail

Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

Germany Backtracks on Banking Union MarketWatch reports Germany appears to backtrack on EU banking deal EU finance ministers have promised to agree on a so-called single-resolution mechanism--consisting of more centralized decision-making and financing for the shuttering or downsizing of failing banks--before the end of the year.

Banking 73