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This is my last rant for the week, I promise.  After all, it seems strange to be blogging to a readership of bankers and then be horrible about y’all, but I thought I had to share with you the customer’s view, and their view is that banks are shooting themselves in the foot. It’s a…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

We are almost a month away from the US elections.  You may wonder why I’m interested in that, but it is because it will affect all of us.  A lot.  As demonstrated by the dialogue going on right now about the banking system. So, in the interests of the election, I received some very funny…

I wake up this morning to hear of a $16 billion bailout for Fortis, an asset stripping sale of Bradford & Bingley (B&B) to Santander with their mortgage book taken over by the government, and confirmation of  $700 billion bailout of banks in the USA and firesale of Washington Mutual (WaMu). Add these names to…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…

Speaking of Bradford & Bingley (B&B), I got into trouble this week.  You see, they're a bank that's heavily exposed to the mortgage market in Britain and, as mentioned in my last post, they have a £40 billion mortgage book with most of it in buy-to-let (landlords) and self-certification markets.   But they also have…