Economics live

Five banks have gone into receivership this year, the latest of which is IndyMac which became the largest OTS-regulated savings and loan to ...

In what is likely to be the shape of things to come across the board, Citigroup Posts Loss on Credit-Card Securitizations . Aug. 4 (Bloomber...

Well, you didn't expect that we would continue in an effusive manner in reference to Governor Paterson's budget just because, after ...

MarketWatch is reporting First Horizon to sell $600 million in stock, change dividend . Tennessee bank First Horizon National Corp.(FHN) ann...

Bloomberg is reporting Libor Poised for Shake-Up as Credibility Is Doubted . The benchmark interest rate for $62 trillion of credit derivati...

It's always good when your work is recognized-so we give our own "right back at you" to the NY Post's Lois Weiss who besto...

In what seems to be a nonstop endeavor, Citigroup is once again raising capital by issuing stock and selling assets. It's hard to keep u...

Alan Greenspan has been busy lately defending his legacy . He is responding to the ground swell of opinion that views him as a key contribu...

Expats' dream life in the Spanish sunshine has turned into a property nightmare. Welcome to Helldorado . In Southern Spain, bitter expat...

The idea that a recession may actually be good for the U.S. economy has been discussed before in this blog ( here , here , and here ). Now W...