• 1,111 days Will The ECB Continue To Hike Rates?
  • 1,111 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,113 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,513 days Could Crypto Overtake Traditional Investment?
  • 1,518 days Americans Still Quitting Jobs At Record Pace
  • 1,520 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,523 days Is The Dollar Too Strong?
  • 1,523 days Big Tech Disappoints Investors on Earnings Calls
  • 1,524 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,526 days China Is Quietly Trying To Distance Itself From Russia
  • 1,526 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,530 days Crypto Investors Won Big In 2021
  • 1,530 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,531 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,533 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,534 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,537 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,538 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,538 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,540 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

The Truth About the Banks Has Been Released: The Open Source Spreadhseet Edition

I have fulfilled my promise to release the information and data that I sourced from the NY Fed and the FDIC web sites. It is complete, and is left open so you can run your own calculations, studies and assumptions. Feel free to pass it around as well. It is not a small spreadsheet, so you may need to some time to parse through it: Morgtage Losses, Defaults & Delinquincies for Banks: Public Open Source Version 2009-05-14 13:30:12 1.16 Mb.

The full report, complete with sources and methodology is available here, free of charge. I simply ask that you forward it to your local congressman/woman and/or favorite media personality. The Truth shall set you free (or get you locked up, depending upon which side of the Truth you are on): BoomBustBlog.com's Realistic Recast of SCAP 2009-05-12 14:52:09

Any bank or government official who significantly disagrees with the conclusion enclosed herein is welcome to debate them, the only request is that you come with hard data to back up your claims in lieu of argument regarding methodology, which can simply go on all day. In other words, I showed you mine, now show me yours...

In my, oh so humble opinion, any investor who purchased securities based upon the results of the bank stress tests was literally robbed, and defrauded. Then again, that is just my oh so humble opinion!

 

Back to homepage

Leave a comment

Leave a comment