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ECB Now a Hedge Fund; €1T Bazooka; ECB Promotes Euro Carry Trade; Draghi Has it Backwards

MishTalk

Please consider an ECB Press Conference Q&A (not available when I commented yesterday). Question: Mr Draghi, you said that the new measures and the TLTROs will have a sizeable impact on your balance sheet. You have the TLTROs which are going to unfold over several operations over two years initially, then two more years.

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Back in the Saddle, Just in the Nick of Time

MishTalk

financial conference in New York. The bank has no plans to securitize its originations, and it won’t keep any servicing rights or build out a servicing operation, Ally spokeswoman Gina Proia said in an e-mail. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Mercer 28
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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Everything is on the table,” Flannery said on a conference call to discuss quarterly earnings. During Immelt’s tenure, GE’s stock market value fell by about half. Increase operating margins to 18% (by cutting expenses).