All eyes are on NYBC, but there are other financial institutions that are looming in real danger.
(more…)Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
New York Community Bankrupt
Quite the wipeout with NYCB, eh? I wonder when that horrific, disgusting vermin-pig Yellen will leap to their aid instead of letting them die, as they deserve (and most banks in 2008 should have………..).
Jamie’s Diamond
Thanks to the infinite help of the US Government (now approaching $35 trillion in debt), JP Morgan has sucked at the government teat more masterfully than any organization in history.
(more…)Will the BTFP Die?
The spawn of Satan, and one of the most truly horrible people to ever walk the earth, Janet Yellen, has had many criminal success stories during her wretched life. Surely at the top of these achievements must be her scandalous program BTFP, which distributes risk-free billions to any bank who asks, which must only be collateralized with paper that is valued at par, irrespective of its actual value. As you can see, the banks have cheerfully accepted this handout from this snake. A meaningful fraction of a trillion dollars has been handed out to this wretched creature’s Rolodex entries.
(more…)Friday Morning Bank Earnings
Let the tidal wave of reports begin!
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