wouldn t be too hot on a bankrupt company managing its cash flows, and there s a good chance they d petition a bankruptcy court judge to switch servicers anyway.
But maybe I m too far in the weeds.
Before I sign off, though, I do have to tell you one more thing Mendez said. We got to talking about consumer loans in general, and Hank Paulson s efforts to juice lending, and then he mentioned having spoken to a small bank this morning that had just gotten its TARP funds. You know what they bought with it? he said. Treasuries.
Barbara!
Paul Volcker genuinely not so sizzling on Glass
The FT s John Gapper read Paul Volcker communicate about economic regulation in Florida nowadays:
[H]e SuperVAG K+CAN Plus emphasised this afternoon that he was not proposing a return to Glass-Steagall since he regarded securities underwriting as a realistic banking purpose analogous to lending. Nor did he desire to bar banking institutions from mergers and acquisitions suggestions.
The sole pursuits he thought should be break up out by legislation or regulation from professional banking institutions were hedge fund and personal equity fund management and proprietary buying and selling. Banks must be able to do whatever Goldman Sachs and Morgan Stanley DELL PC D620 did in 1980.
That s an interesting method of putting it, but I m unsure where it gets us. It s my knowing that almost all on the buying and selling threat that Wall Avenue firms get on is in the course of trading for clientele, not proprietary trading. And it was underwriting of mortgage securities (or house loan CDOs, if you're able to get in touch with individuals securities) that acquired Citigroup, Merrill Lynch and other people into a lot difficulty.
Not that i use a greater concept for where to attract the dividing line, if there is for being a dividing line. Would you?
Digital Songs Revenue Surpass Bodily Tunes Product sales For the 1st Time Ever
Last 12 months, to the first time in historical past, electronic music product sales exceeded actual
没有评论:
发表评论