RSS feed
Posts Tagged ‘
Millennium Bank
’Good banks, bad banks
That’s as measured by European banks’ coverage ratios, or loan loss provisioning.
KBW analysts led by Andrew Stimpson and Antonio Ramirez provide an interesting chart on the measure in a research note out on Monday.
The week in securities litigation
Last week, US regulators warned of “rampant Ponzimonium”, and said they were investigating “hundreds” of possible scams in the aftermath of Madoff.
If the newsflow this week was any indication, those warnings might be more than merely hyperbolic.
Another alleged Caribbean Ponzi
This just out from the SEC (emphasis FT Alphaville’s):
SEC Halts $68 Million Ponzi Scheme Involving Caribbean-Based Bank and Swiss Affiliate
Washington, D.C., March 26, 2009 – The Securities and