Hot Links for Morning Reading
Credit Suisse
A Roundup of Crude Oil Predictions and Targets
Remember when the producers of Diff’rent Strokes decided that Arnold wasn’t cute enough anymore so they brought on the quintessential red-headed stepchild, Sam, to ratchet up the adorable factor? Gary Coleman probably felt a lot like Crude Oil feels now that Gold has replaced it as the commodity speculators’ darling. Anyway, let’s take a look…
Hot Links: Tiger's 99 Problems
from We Love Data Vis Stuff I’m Reading this Morning… The gold correction that began last week seems to be continuing. (MarketBeat) Credit Suisse joins Morgan Stanley in predicting a sucky 2010 for stocks. (PragCap) An epic list of big commercial real estate projects that look to be the “next shoes to drop”. (ZeroHedge) Treasury…
Breakfast Links: CIT, Jimmy Carter & The Grapes of Wrath
Stuff I’m Reading this Morning… The exact date that the Chinese stock market will collapse. (MoneyScience) Stick a fork in CIT Group, 1908-2009. (Bloomberg) They caught the runaway Credit Sueeeeesse broker, and no, he wasn’t at Le Cirque. (NYT) Virginia is for Usury. (LOLFed) JPMorgan smokes their numbers, 28 cents vs 4 cents expected…get ’em…
Breakfast Links: Madoff, Google and Swiss Banking
Breakfast Links for June 29, 2009 It looks like the Suisse banks may have had enough in the US: UBS AG and Credit Suisse Group AG, the country’s biggest banks, have told Americans to move their money into specially created units registered in the U.S., or lose their accounts. Smaller private banks such as Geneva-based…
The End of Super Secret Swiss Banking?
Bloomberg is reporting that since the day in February that UBS coughed up 300 client names to the US government in a tax evasion investigation, the Swiss bankers and their clients are quaking in their boots. The decision marked the first time Switzerland lifted its banking secrecy laws, allowing UBS to pass on client data…
CEO-Swapping at UBS and Credit Sweeeeesse
Ah, Switzerland. The land of fine time pieces, exquisite chocolate and institutionalized tax evasion. There’s been a switcheroo as regulators on two continents engage in a light wrist-slapping at UBS over the bank’s role in the Madoff fraud and the let’s-arm-our-unregistered-advisors-with-encrypted-laptops-to-help-Americans-cheat-Uncle-Sam affair. Troubled UBS has brought on the architect of Credit Suisse‘s recent turnaround, Oscar…