The Great Debate

from Commentaries:

Citi’s dirty pool of assets

August 12, 2009

Hard as it may be to believe, shares of beleaguered Citigroup are on fire.

The stock of the de facto U.S. government-owned bank is up some 300 percent after it cratered at around $1 back in early March.

Stress tests: The results are in, now what?

By Mark Williams
May 8, 2009

Mark_Williams_Debate– Mark T. Williams, who teaches finance at Boston University‚Äôs School of Management, is a former Federal Reserve bank examiner. The views expressed are his own. –

U.S. mouth writing checks its body won’t cash

By J Saft
April 8, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

A look at credit insurance prices for U.S. banks shows that market thinks the government’s mouth is writing checks its body can’t or won’t cash.

Bank rally ready to be marked-to-market

By J Saft
April 3, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

U.S. bank operating earnings are going to have a hard time outrunning credit losses, making the massive rally in bank shares look ready to be marked-to-market.

Bankers can’t kick the sporting habit

By Alexander Smith
February 11, 2009

Alex Smith– Alexander Smith is a Reuters columnist. The opinions expressed are his own –

First 100 Days: Fix the banks

January 23, 2009

morici– Peter Morici is a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission. The views expressed are his own. —

Nationalization: Terrible but inevitable

By J Saft
January 23, 2009

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Nationalization of weak banks in Britain and the United States may be preferable to current plans for insurance and soft “bad banks” schemes which risk being swamped by future losses as assets, especially real estate, continue to crater.

Banking spins destruction myth: Hoocoodanode?

By J Saft
December 5, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

Just as every society has a creation myth, banking is now busily writing a destruction myth that seeks to explain and soothe in a world torn to its foundations.

Credit cards unkindest cut for U.S. consumers

By J Saft
December 3, 2008

James Saft Great Debate — James Saft is a Reuters columnist. The opinions expressed are his own –

Government intervention or not, banks will be cutting up America’s credit cards at an unprecedented rate, with grave implications for the economy and company profits.

Slouching towards nationalization

By J Saft
November 26, 2008

James Saft Great Debate – James Saft is a Reuters columnist. The opinions expressed are his own –

The Citigroup bailout is sure to succeed, but only if you count avoiding making unpleasant but needed decisions as success.