Wall Street Breakfast: Must-Know News [View article]
Actions speak louder than words with the Fed. They can't unwind their MBS purchase programs no matter how optimistic they pretend to be about the economy. They blew another mini-bubble in equities and are afraid to be blamed for deflating it.
C's move is odd for a so-called too big to fail bank. Apparently they want to be the next First Republic.
The final version of financial reform legislation will be so watered down as to render it unrecognizable as progress. The industry is still in charge of legislation and regulation.
Wall Street Breakfast: Must-Know News [View article]
C's move is odd for a so-called too big to fail bank. Apparently they want to be the next First Republic.
The final version of financial reform legislation will be so watered down as to render it unrecognizable as progress. The industry is still in charge of legislation and regulation.