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Also, loan assets are on accrual basis rather than mtm so until the securitization markets reopen, its tough to lock in gains. Lower leverage will cap ROE, so if we move back up, it won't be the banks that lead in my view. Craig Bowles writes: 2008's rallies have come after basic...
Edward Snowden does not expect to be able to make it to Venezuela or Nicaragua, the two countries that haveoffered him asylum, without getting intercepted by the United States en route. But he could travel a much shorter distance, into the Russian capital’s city center. Snowden’s Russian ...