Flying Bankers and the Economic Crisis: How Do We Make Banks Lend? [View article]
An interesting piece, but like most of the rumors and news today very little hard data to back it up. A 300% increase on a lease, was the old lease over? Did the landlord have other tenants ready, was the old lease a teaser deal? People do not act irrationally to their needs. The one think that was well said is why aren't the American Banks lending. The libor rate is coming down which means at least the Europe is doing something right.
But then again, you can arrest all the Bank Executives and Directors and throw them in jail for stealing the governments money. Do you think a week in jail might change some minds of Senior managers and Directors. Just think of the ideas the New York Bankers might come up with on the Exercise Yards of the Federal Lockup.
Deflation Is Just Around the Corner [View article]
Flying Bankers and the Economic Crisis: How Do We Make Banks Lend? [View article]
But then again, you can arrest all the Bank Executives and Directors and throw them in jail for stealing the governments money. Do you think a week in jail might change some minds of Senior managers and Directors. Just think of the ideas the New York Bankers might come up with on the Exercise Yards of the Federal Lockup.