Debt
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Bank Failures Could Reach 1,000: RBC Analyst
Feb 10, 2009In 2008, RBC Capital Markets’ analyst Gerard Cassidy forecast 200 to 300 bank failures, and we thought that was devastating — until now. Cassidy said Monday the economic environment has further deteriorated and more than 1,000 banks may go under during the next three to five years, as loan losses rise. “There are billions of dollars of losses embedded in the system, and the system has to flush them out,” Cassidy said, according to Bloomberg.
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Home Prices Fall 13.8 Percent in 2008: Report
Feb 10, 2009 -
Bankers: Fair-Value Didn’t Cause Credit Crisis
Jan 08, 2009 -
Mortgage Liabilities Shrink as Borrowers Pay Down Debt
Dec 11, 2008 -
Law Firm Ramps Up For Covered Bonds
Nov 06, 2008 -
Another $25 Million Vanishes
Oct 31, 2008 -
Mortgage REIT Insider: Commercial mREITs Take 1-2 Punch
Oct 10, 2008 -
Wisconsin: No More Money, No More Loans
Oct 06, 2008 -
We Have a Winner, and His Name is Bill Gross
Sep 11, 2008 -
Targeting Valuation of Subordinate Loan Pools
Sep 11, 2008 -
For Bloomberg Users, Tracking Losses Moves to Center Stage
Sep 02, 2008