Posted on: November 28, 2011
What’s going on in Europe is scary. And everybody is faulting the politicians.
It’s easy to diss Europe’s dithering government officials. They actually make Washington DC look decisive.
In truth, there’s not much too choose between them. When you strip away the superficial differences you’re left with politicians on both sides of the Atlantic who fear the electoral consequences of betraying their base: Whether it’s German chancellor Angela Merkel, President Obama or Speaker of the House John Boehner.
Tags: Banks, energy prices, food prices, oil prices, speculators
Category: Banks | The Politics of Investing | Top Stories | Washington News
Posted on: November 1, 2011
I’m no fan of banks. They bankrupted 80% of my Asian clients back in the late 1990s by encouraging customers of all sizes to take out “dollar loans.”
Tags: Andrew Gordon, bac, Bank of America, Banks, C, GS, Insider Fortunes, JP Morgan Chase, JPM, reserves, secret
Category: Banks | Newsletter
Posted on: October 25, 2011
I hope American banks are paying attention to the Greek banking sector. There’s a lesson there that US banks would do well not to ignore…
Tags: Andrew Gordon, Banks, greek, Insider Fortunes
Category: Banks | Europe Investing | Small Business | Small Cap Stocks | The Economy | Top Stories | U.S. Investing | Wall Street | Wall Street News
Posted on: October 19, 2011
This coming weekend the EU meets. And I’m already expecting to be underwhelmed. Just remember this one thing: It’s all about the banks. Why does France argue with Germany? French banks are more at risk over a big haircut on Greek debt.
Tags: Andrew Gordon, Banks, EU, European Union, Insider Fortunes, Merkel
Category: Banks | Europe Investing | International Markets | The Politics of Investing | Top Stories
Posted on: October 17, 2011
Watching Europe is like watching a 17-car pileup in slow mo. Despite a fresh wave of optimism sweeping over markets, odds are more half measures are on the way.
Tags: Banks, European banks, European debt, European financial crisis, Greek debt, HSBC
Category: Europe Investing | The Economy | Top Stories | U.S. Investing | US Economy
Posted on: October 12, 2011
Bailouts are bailouts. If you’re not for them in the US, you shouldn’t be for them in Europe. US banks were bailed out from the consequences of their greedy and reckless behavior. And to add salt to the wound, the US government didn’t bother to put restrictions on how they had to use the bailout money.
Tags: Andrew Gordon, Banks, guardian, insdier fortunes, Slovakia, sovereign debt
Category: Banks | Europe Investing | International Markets | The Politics of Investing | Top Stories | Washington News
Posted on: October 12, 2011
Finally the “Volcker Rule” (part of the Dodd-Frank Wall Street Reform and Consumer Protection Act) is getting its day in the court of public opinion. The rule is named after former Fed Chief Paul Volcker who didn’t want banks to mess around with depositors’ money.
Tags: Andrew Gordon, Banks, Dodd-Frank, Federal Reserve Board, Goldman Sachs, Insider Fortunes, Volcker Rule
Category: Banks | Bond and Treasury Market | The Federal Reserve | The Politics of Investing | Top Stories | US Economy | Wall Street | Wall Street News | Washington News
Posted on: October 11, 2011
Banks have badly lagged behind the S&P 500 so far this year. Goldman may report in the upcoming days only its second quarterly loss in a decade. JP Morgan is also expected to report a disappointing quarterly performance. But, they still demand their…
Tags: Andrew Gordon, Banks, bonus, bonuses, cbi, efinancial careers, Goldman Sachs, guradian, Insider Fortunes, JP Morgan
Category: Banks | Company News | Top Stories | Wall Street | Wall Street News
