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Auto Loan and credit card debt bonds?

…rates. Deeper cooperation The Federal Open Market Committee also has authorized further increases in its existing temporary currency-swap arrangements with the European Central Bank and the Swiss National Bank. These…

OCC and Model Validation Part 2

…as I can tell from press reports, there were no representatives of consumer interests on the scene. Two months after that event the Office of the Comptroller of the Currency,…

OCC and Model Validation Part 1

Comptroller Dugan Underscores Bank Responsibility for Model Validation WASHINGTON Feb. 3, 2006 – Comptroller of the Currency John C. Dugan said today that responsibility for validating the models banks use…

OCC links

The Office of Currency Control has a website to explore. National bank subsidiaries monitored by OCC tend to be mortgage companies. The link is to the long list of matching…

Spitzer and the OCC – Who you gonna call?

OCC press release WASHINGTON Feb. 14, 2008 — Comptroller of the Currency John C. Dugan issued the following statement today, responding to comments from New York Governor Eliot Spitzer: Almost…

INT’L RATE SPREADS &THE DOLLAR

…the spread between US and foreign bonds has narrowed and it no longer compensates foreigners for the currency risk they take when investing in the US. The consequences are a…

Top 100 Economic Blogs includes Angry Bear

Currency Trading has included Angry Bear as one of the top 100 economic blogs overall, characterized as a left leaning economics category. (Hat tip to DolB for the link) Calculated…

Propaganda from Texas

…an average of $18,153 a year. How is that possible? A look at the far right-hand column of the consumption chart, labeled “financial flows,” shows why: those lower-income families have…

IMPORTS AND A WEAK DOLLAR

…the question of how much the currency matters. Maybe the strength of the domestic economy is much more important then the dollar on this issue. Just something to think about….

…foreign capital inflows to the US economy been established as the new norm the currency moves did not have to be as large as they had been in the early…