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MaraDH

  1. Regional and small banks have greater credit risks tied to commercial real estate declines, says Fitch in new report. Downgrades likely.
  2. Authr Duff McDonald posits Jamie Dimon successor as Jes Staley or Mike Cavanagh-what of Heidi Miller named most powerful woman in bankng 3X
  3. New Barclays research: problem banks jumped to 416 with assets of $30bn up from 252 institutions with $159bn in assets at the end of 2008
  4. Economist Mark Fleming of First American CoreLogic says those who refinance in 2009 will will save $11.5 billion in payments over 5 years.
  5. Credit Derivatives Research analyst David Klein writes today about a "growing optimism in creditland that economic recovery is taking hold."
  6. Hats off to Oregon for a new bill banning option ARM mortgages and lending without regard to the ability to repay http://tinyurl.com/lo9jss
  7. Columbia profs say banks got stuck with worst liar loans though they did level best to pawn them off to investors http://tinyurl.com/mkpohd
  8. BCG reports global banking industry grew $1 trillion to $5 trillion in H1 2009. Nice---but far below peak of $8.6 trillion in June 2007.
  9. Citi critic William Smith/SAM Advisors changes tune: "Against all odds, we expect Citigroup to report monster numbers Friday morning."
  10. More Soros: Financial mess an extraneous blip to China's 'state economy,' a force that may threaten true globalization w/o new global regs
  11. Heard the enlightened George Soros today. He predicts prolongued stagflation; says Americans fail to process political/economic realities.
  12. The CEO of a Top-5 global bank tells me: if, or perhaps when, unemployment spikes: "it'll be acid rain on those little green shoots."
  13. Old friend "Emperor'" Weinstein helps Corporate America have fun at work. Even Madoff can't get him down: http://tinyurl.com/nwz3xq favoi
  14. Back from a glorious week in Central Mexico for some R&R, with no trace of swine flu to be seen. Nice to have the pool to all yourself!
  15. Does FDIC's Bair want Citi's Pandit out, or is this about a rift and power struggle among DC bank regulators? http://tinyurl.com/n2ojg8
  16. Is living in Seattle all that? Housing got hit hard only recently and forecasters say the it will recover there first . Buyers, you there?
  17. Could it be? Signs of life in the housing market? http://tinyurl.com/djmd59