Our old favorite Wells Fargo, for example, recently reported $50 billion in unrealized losses on its bond portfolio. That’s a HUGE chunk of the bank’s capital, and it doesn’t include potential derivative losses either. Anyone who has purchased long-term government bonds– banks, brokerages...
Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and ...
Because otherwise it has been beaten to death with demonization as if it were the problem. Most of the people who will become powerful in the United States if Donald Trump wins the election, it will be libertarian infused policy makers who are going to act on this lunacy with, by the way...
Outside of the top banks--Bank of America, JPMorgan Chase, Citibank and Wells Fargo, the next tier, however, often does have errors and omissions coverage, and B-side and C-side insurance coverage for directors and officers, he said. The superregional and regional banks, of which there ...
Americans have $850 billion in credit card debt that could be refinanced by a personal loan at a lower rate. About 40% of that, $350 billion, meets our credit policy. In terms of large issuers of personal loans in this country there is only Lending Club, Wells Fargo, and Discover, so...
10:03 am: Bank stocks bounce back Shares of banks and other financial companies rose in early trading on Friday after being hammered during Thursday’s sell-off. Citigroup, which dropped more than 13% in the previous session, surged 5.9% in the opening minutes. Wells Fargo and Morgan Stanley...
A king's heart, like a water stream, is in the hand of Yehovah: He turns it wherever His will decides it should go. - Proverbs 21
It is not uncommon to hear More than one Wall Street firm or investment bank has written of tens of billions of dollars in uncollectable debt today. In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes...
I changed my bank from Wells Fargo (huge fee mongers) and moved to a Credit Union about a month ago and couldn’t be happier. I say the end game is “we need to be heard”. They might be “grass roots” or whatever – but they are making a statement. It just seems that the ...
At the very center of Mustachianism Itself, lies the issue of What to Do With Your Time. Time is one of your greatest allies in getting rich, but it is also a constant foe, since we all have a limited supply of it. So it makes sense that Mr. Money Mustac