theFrontSteps – San Francisco

Real Estate, Insight, Statistics, Gossip, & News…With a Twist and Some Flavor

Entries Tagged ‘banks’

What a shame. . .

I recently inquired with Alex if I could post on theFrontSteps.  I have written in the past, actually have a degree in writing, but more than that, I think this site is well thought, well done, and has gathered a nice following.  My name, TheBanker, says it all.  I hope to provide insight, a different [...]

Explanation of why banks have gone under or merged

This by Marc Herrenbruck (No way I could come up with this!): “Crazy times. Whatever the political posturing, a plan needs to be passed. Credit markets are frozen and banks are going bust every day. This is not totally because of “toxic” mortgages. This has a lot to do with FASB 157, also known as [...]