Comments on: FDIC Bank Failures (by Week)

By: » Sceny z amerykańskiego sektora bankowego Trystero: Niezależny blog finansowy

Tue, 26 May 2009 19:11:07 +0000

[...] to 36 bankructwo banku w 2009 roku. Dla porównania: w 2008 roku zanotowano 25 upadłości, w 2007 zanotowano 3 bankructwa a w latach 2004-2005 nie [...]

By: Graphite

Graphite — Tue, 26 May 2009 05:20:53 +0000

If some rigid new regulatory framework for banks doesn’t result to prevent this fiasco from happening again in the future than we are destined to repeat it.

Right, just like the regulatory framework enacted after the Great Depression was successful in preventing this crisis.

For a great part of our history regulation was achieved through bank runs, which is what happened to shady, over-leveraged banks, back before we had the brilliant idea to guarantee their deposits with the full faith and credit of the U.S. taxpayer.

By: Pat G.

Pat G. — Tue, 26 May 2009 00:05:42 +0000

If some rigid new regulatory framework for banks doesn’t result to prevent this fiasco from happening again in the future than we are destined to repeat it. If we survive it, this time.

By: ben22

ben22 — Tue, 26 May 2009 00:01:09 +0000

Sentiment Indicators:

Go the video’s section and see the latest from Barron’s

They basically say: Don’t chase this rally

Go to thestreet.com

Stephanie Giroux advises clients not to chase the rally…..

This advice is EVERYWHERE.

If you don’t think this countertrend rally can’t go further think again. Look out though when it’s over.

I thought this was short and sweet but worth a read:

http://www.reuters.com/article/newsOne/idUSTRE54O1WB20090525

By: ben22

ben22 — Mon, 25 May 2009 23:53:19 +0000

There are no recent market posts so I figure this as good a place as any to throw this out there.

In the most recent 7 year return forecasts at GMO, published on 5/21/09, they have the following.

1. Long Term inflation assumption is 2.5%
2. US High Quality equities are given the highest return potential, with the lowest range of returns compared to all other equity assets.

Any thoughts?

By: ben22

ben22 — Mon, 25 May 2009 23:30:53 +0000

Bruce,

i saw that link over at ZH. I don’t think it was a slip though, O knew what he was doing when he said that. Trying to figure out what that means next for policy, and the emotional reaction in the market is what’s most important.

By: ben22

ben22 — Mon, 25 May 2009 23:29:37 +0000

just eyeing the chart, looks like this is getting worse, not better. I suppose the bulls and bears will draw different conclusions from that.

By: willid3

willid3 — Mon, 25 May 2009 22:14:16 +0000

maybe the small banks are just as bad off as the TBTF ones. they just don’t know it yet. as they bought the same ‘assets’ based on the rating agencies advice. maybe the real problem is that the rating agencies sold their ‘advice’ to their customers (those selling the junk) and for some reason that looks just a little be odd. worse the regulators bought that they were doing their jobs (maybe part of that deregulation cult thing!)

By: AmenRa

AmenRa — Mon, 25 May 2009 21:46:10 +0000

@Bruce

I still haven’t seen that Freudian slip mentioned in the MSM. It’s only being given attention in the blogs. Don’t you just love it. The only part of that interview that gets shown is the part on health care.

By: usphoenix

usphoenix — Mon, 25 May 2009 20:43:41 +0000

WOW! Where’s Franklin when we need him?

Looks pretty ugly. With a lot more to come. We haven’t hit CRE yet. The saddest part, as pointed out earlier, is the dramatic increase in FDIC premiums charged to smaller banks. That alone is enough to push them over the cliff.

It seems terribly wrong to be shoveling $T to the TBTF, closing banks on terms favorable to the insiders (read Advanta), and jacking premiums accordingly.

That’s not free enterprise.