by Jason Apollo Voss | 06 05 2009 | Blog
Good morning folks! So the details of the first big stress test of the national banks that I posted about yesterday have been leaked to the public and they regard the U.S.’s biggest bank: Bank of America (ticker: BAC). And wow (!) was the amount of additional...
by Jason Apollo Voss | 05 05 2009 | Blog
Whew – three postings in one day! Sorry, but there is a lot of noteworthy news today. The Wall Street Journal is reporting today that fewer banks are tightening their credit standards. While credit remains difficult to obtain, the rush by banks to shut their...
by Jason Apollo Voss | 05 05 2009 | Blog
Today Ben Bernanke, the Chairman of the Federal Reserve, stated that he felt that the recession was losing steam and that there would be economic growth later this year. His basis for making those remarks rest upon a bottoming housing market, an increase in consumer...
by Jason Apollo Voss | 05 05 2009 | Blog
As a person who prides himself on communicating, a blog title such as “banks’ capital stress tests” is a little bit scary. Just because I can imagine how it must look to most people. You might be thinking, “Ugh! What the heck does that...
by Jason Apollo Voss | 04 05 2009 | Blog
Hello everyone! I hope that each of you had a wonderful weekend. Here in Santa Fe it rained, a rare thing here in the high desert. Today’s post is about that President of ours’, Barack Obama’s, plan to close offshore tax avoidance loop holes. I am...
