The Banking and Strategy Initiative

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Tag Archives: White House

European Sovereign Debt Crisis: ECB drops principled stand, Trichet leaves

As expected Mario Draghi will carry on at ECB much in the vein of the Fed in the USA with Trichet’s last policy meeting before he leaves at the end … Continue reading

October 6, 2011

Debt Deal: $2.4 tln cuts in spending approved

(Updated) Harry Reid’s plan presumably finally managed to get the nod from Rep McConnell and Boehner as President Obama announced the approval for a Debt deal with $900 bln in … Continue reading

August 1, 2011

Crisis Theater : The devil in the US sovereign downgrade

Inter bank markets will respond first in the debt deal stalemate Though US treasuries are holding below 3% after every spike when a deal close to agreement gets canceled, markets … Continue reading

July 27, 2011

Crisis Theater: Greece makes it, US battles with debt deal

Including the McConnell plan asking for four instalments of debt ceiling increase, the US now has 3 public options or more depending on who you are listening to, thus implying … Continue reading

July 22, 2011 · 3 Comments