Hints and tips:
...That’s what we missed: how the policy response to the regional banking crisis stabilised the banking system, which allowed a pretty sharp V-shaped recovery....
...On the UK, it is worth noting that gross lending was c.£9bn in 1H20, with 55% of lending originated by intermediaries (47% in FY19); 90+day mortgage delinquencies were 0.23% (up from 0.16% one year ago);...
...vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...The ONS estimates the value of land and assets-over-land to be over £5tn compared to a GDP of c£2tn....
...Mr Shenker joined S&C in 1980 and co-ordinated the firm’s global commercial real estate practice for more than 20 years. He was named vice-chairman in 2006, becoming chairman in 2010....
...Although Ben Bernanke, Fed chairman, and others have noted that the risks of a “double dip” recession have receded, there is also little hope that the chances of a much stronger “V” shaped recovery have...
...Take Roland Arnall, founder and chief executive of Ameriquest Mortgage Co, the California-based company that made more than $80bn in subprime mortgages between 2005 and 2007....
...“He could see around corners,” says Edward Matthews, one of Mr Greenberg’s most senior lieutenants at AIG and then at C.V. Starr, his investment vehicle....
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