Bernanke: Markets Are Still Far from Normal [View article]
I was wondering what exactly the fed was trying to communicate by saying the markets are far from normal. Everyone knows Libor has been high etc. but I'm wondering if the collateral the ibanks have been posting with the fed in the Tafs is losing value rapidly and what it could mean for some of the smaller ibanks like Lehman and Merrill. any thoughts?
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
Sean, Hi., I would think that there might be a lag to Mastercard's weak guidance, i.e. maybe mid quarter instead of at the April release. There really is no reason for them to warn now in my opinion. Just wondering why you think they'll give weak guidance now?
Bernanke: Markets Are Still Far from Normal [View article]
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]