Wall Street’s $4.2 trillion wipeout isn’t any shock


David Stockman: How The Stock Market Got To Be So Out Of …
Via InternationalMan.com, International Man: Thanks to the shutdowns, economic activity on main str…


Looking Beyond Market Stabilization To The Future Path Of …
As a result of the central bank’s unprecedented actions, we project the Fed’s balance sheet will reach a peak level around $8.5 trillion, versus a $4.2 trillion pre-pandemic level, with the risks …


Inside Wall Street’s Most Volatile Week Ever – Bloomberg
Mar 20, 2020Fortress Delays Record $4.2 Billion Vegas-Train Bond Sale … this is the story of the chaos that unfolded on Wall Street and beyond. Shock, No Awe … That isn’t working today. Gold is down …


Bernie Sanders claims that he will generate $2.4 TRILLION
PNC Financial – $4.2 billion. Bank of New York Mellon Corp – $2.6 billion. Barclays Capital – $8.2 billion. Deutsche Bank – $1.7 billion. Credit Suisse – $3.4 billion. UBS – $3.98 billion. HSBC – $8.31 billion. In short, “Wall Street” generated about $151 billion in profit. Five years later, I’m willing to get it’s similar.


Hidden Bond Market Dangers Expose Traders to $2 Trillion
For a half-percentage point jump, that works out to 3.5 percent, or a $1.8 trillion loss. “The debt load in the world is so high now that it can’t withstand any historically-normal size of interest rate increases anymore,” says Stephen Jen, chief executive officer of Eurizon SLJ Capital.


Did Wall Street get a ‘trillion-dollar bailout’ during the …
Mar 18, 2019Not only was Wall Street bailed out, but also the whole U.S. economy — at a profit of more than $200 billion for U.S. taxpayers. That point is frequently lost in the political discussion over …


$44 Trillion In Wall Street Bets – YouTube
Why is it so difficult use the Freedom Of Information Act to get info from the SEC? How much did Goldman Sachs have in derivatives trades on their books in December 2011? The Young Turks host Cenk …


Financial crisis of 2007-2008 – Wikipedia
The financial crisis of 2007-2008, also known as the global financial crisis (GFC), was a severe worldwide financial crisis.Excessive risk-taking by banks combined with the bursting of the United States housing bubble caused the values of securities tied to U.S. real estate to plummet, damaging financial institutions globally, culminating with the bankruptcy of Lehman Brothers on September …


CFO Journal – Chief Financial Officer News – Wall Street
CFO analysis, advice and commentary on corporate tax, accounting, regulation, capital markets, management and strategy.


The Problem with Record Bank Profits | The New Yorker
What do these large dollar numbers have in common: $6.5 billion, $5.5 billion, $4.2 billion, and $1.9 billion? They represent the latest quarterly net profits made by too-big-to-fail banks—in …
Diagnostic Tool