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Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

Definitions. In your author’s opinion, the writedown of Greek debt falls clearly within the S&P definition of sovereign default. Undeterred however by rating agency definitions, European leaders have characterised the writedown as a voluntary “ private-sector involvement ” or PSI. Business Strategy. Helpful Links.

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The Importance of Business Acumen for High Performance

LSA Global

We believe that employees need to better understand the key factors that affect a company’s operations and financial strength to improve decision-making and strategy execution. How can you expect to pitch a new strategy or product if you are unable to articulate its potential revenue, costs, and return on investment? Where to Start.

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Another Definition of Deflation: Antal Fekete Defines Deflation as a "Pathological Slowing in the Velocity of Money"

MishTalk

The simple definition V = GDP/M where V is velocity, M is money supply, and GDP is Gross Domestic Product. I prefer the definition of deflation as a pathological slowing in the velocity of money. However, I disagree with his definition of deflation based on velocity. It''s simply a truism based on Fekete''s definition.

Banking 28
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Would a Bund by any other name smell as sweet?

Tom Spencer

Definitions. Thirdly, European banks are currently focused on building their balance sheets not on lending. Dexia has around $700 billion on its balance sheet, but like many banks it requires access to short term funding. Business Strategy. Helpful Links. Would a Bund by any other name smell as sweet?

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War Between Spain and Germany Erupts Over Next Round of Watered Down Stress Tests; Germany Complains About the "Carry Trade"

MishTalk

Draghiz e: "The test is credible because the ultimate purpose of it is to restore or strengthen private sector confidence in the soundness of the banks, in the quality of their balance sheets" Mish : The test is credible because we say it is. Spanish officials claim it makes no sense to penalize these asset as if they were bad loans.

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ECB Waters Down 2014 Stress Tests Second Time; Yet Another Sham Stress Test

MishTalk

Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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Spotlight on European Bank Lending: Capital Impairment to the Forefront

MishTalk

More Questions Any banks fudging the definition of a performing loan? What about mark-to-market valuations of loans and assets on the balance sheets of banks? Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' Are loan loss provisions high enough?

Banking 67