MishTalk

DECEMBER 17, 2013

On December 12 the Financial Times reported EU reaches landmark deal on failed banks with a "common rule book for handling failed banks". The next day, a friend commented the banking union agreement proved me wrong. I replied "wait for the details". Some senior officials are warning the proposals are too cumbersome.

Banking 73

Banking Finance Balance Sheet Financial 73

MishTalk

NOVEMBER 20, 2013

Banks; Global Financial System is Bankrupt. Addendum: Société Générale disputes the numbers and new calculations using the banks'' numbers are 28:1 or perhaps 23:1 not 50:1 as noted on Forex Crunch. Banks do not plunge out of the blue on rumors. French Banking Primer. trillion balance sheet is leveraged nearly 49-to-1.

Balance Sheet 78

Balance Sheet Banking Financial Finance 78

MishTalk

JANUARY 25, 2015

The Wall Street Journal reports Greece’s Radical Leftist Syriza Party Poised to Win Election, Exit Polls Say. Here''s an interesting quote from the Journal. A finance ministry official confirmed on Friday that state revenues had collapsed this month. Syriza appeared set to win between 35.5%

Banking 28

Banking Balance Sheet Journal Report 28

Harvard Business

APRIL 14, 2016

An important new study , published in the journal Nature Climate Change, says that climate change will be expensive. These so-called “stranded assets,” sitting on petro-company balance sheets, are essentially worthless. Extremely expensive. Forget the polar bears; your pension and retirement funds are in trouble.

Data 28

Data Balance Sheet Real Estate Study 28