Hints and tips:
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...A brief history of Fannie Mae & Freddie Mac For decades, Fannie Mae and Freddie Mac have helped Americans secure cheaper mortgages....
...That figure pales against the total value of the US housing market – $23.7tn at the end of 2012, according to Zillow – but it could grow exponentially if Blackstone et al are able to get their hands on cheap...
...The South Americans believe inflation is going to hit us over the head like a sledge hammer, so they love it. The dollar, of course – FT: We’re the new Argentina? TB: Absolutely....
...Bank of America’s June charge-offs were close to 14 per cent and delinquencies – loans that have not been paid – were 1.9 per cent, exceeding the totals for Citigroup, JPMorgan, American Express, Capital...
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