Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and... Read More
Receiving Wide Coverage ... Deriving Pleasure: Too many price quotes will increase trading costs and reduce liquidity. That is the curious (if not spurious) story... Read More
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
The financial crisis in Europe has raised questions about whether Spanish banks might have to sell their U.S. units. The most probable institution to go on the block: City National Bank of Florida, Bankia SAs primary U.S. banking unit.
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