Tag Archives: FDIC

One Year After Lehman

There is a lot of finger pointing going on one year after Lehman declared bankruptcy. Most of those fingers are pointing to Lehman and the way the bankruptcy was handled. However, that is a very simplistic view of what happened … Continue reading

That’s Not a Stress Test

Image courtesy of flickr/Stuart Crawford

We finally got the information on the stress tests. The government will consider two scenarios: baseline and worst case. The goal of the stress test is to see if banks have the capital to weather a darker storm. However, and … Continue reading

The Freefall – A View from Main Street

Duke University/CFO Magazine survey 1,275 CFOs in the U.S., Europe and Asia was released today. I am the founding director of this quarterly survey and we have been conducting the survey for the past 51 quarters. The survey is unique … Continue reading

The Shroud of Citigroup

Image courtesy of Bill Barfield

Image courtesy of flickr/Bill Barfield It wasn’t that long ago that Citigroup was considered a “good” bank.  Remember October 1, 2008? Citigroup announced it was acquiring Wachovia with the help of the FDIC. You had to be strong to do … Continue reading