Tag

"bank of america"

Jun

3

2011

Increase In Bank Sub-investment Grade Derivatives Reveal A Need For Gold Insurance

By: Doug Eberhardt Category: Gold Tags: bank failures, bank of america, Bank sub-investment grade derivatives, Credit Contraction, Deflation, FASB, FDIC, Federal Reserve, foreclosure, Gold, J.P. Morgan, mark to market, occ, TARP, too big to fail

The financial crisis started with banks getting burned in the derivatives market. Then TARP was manipulated to help banks get cash. Next came the Federal Accounting Standards Board (FASB) allowing banks to mark to model (fantasy) their real estate assets (cheat). And now we have come full circle once again as banks own more sub-investment grade derivatives today than at …

Dec

23

2010

$4 Trillion Bank Sub-Investment Grade Derivatives Now More Than Financial Crisis Peak Part 2

By: Doug Eberhardt Category: Gold Tags: Bailout, bank of america, banking crisis, Banks, citibank, Citigroup, Credit Derivatives, derivatives, FDIC, foreclosure, Gold, HSBC, J.P. Morgan Bank, mark to market, mark to model, sub-investment grade derivatives, Wells Fargo

Part 2 of this article analyzes the top 5 banks future problems with the over $4 trillion sub-investment grade derivatives maturing in the next 5 years, an amount that is greater than at the peak of the financial crisis.

Dec

23

2010

$4 Trillion Bank Sub-Investment Grade Derivatives Now More Than Financial Crisis Peak Part 1

By: Doug Eberhardt Category: Gold Tags: Bailout, bank of america, banking crisis, Banks, citibank, Citigroup, Credit Derivatives, derivatives, FDIC, foreclosure, Gold, HSBC, J.P. Morgan Bank, mark to market, mark to model, sub-investment grade derivatives, Wells Fargo

This article analyzes the top 5 banks future problems with the over $4 trillion sub-investment grade derivatives maturing in the next 5 years, an amount that is greater than at the peak of the financial crisis. Part 1

Oct

8

2010

The Real Reason Bank of America Halts Foreclosure In 50 States – They’re Broke!

By: Doug Eberhardt Category: Gold Tags: bakn of america halts foreclosure, bank balance sheets, bank failures, bank foreclosure, bank of america, banking industry, Buy Gold and Silver Safely, derivatives, FDIC bailout, Federal Reserve, JP Morgan Chase, lenders, nations top banks, pmi bailout, sub-investment grade derivatives, top 5 banks, troubled banks

Many of the top banks in America are experiencing financial difficulties as well as the smaller ones. Bank of America has 454 billion of sub-investment grade derivatives coming due in the next 1-5 years. JP Morgan over 1.5 trillion.