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