ShareReaders,
I have noticed recently that Google Reader has been taking an annoyingly long time to update some of my RSS feeds. NewsGator and Microsoft Outlook clients do not seem to have this problem. I have been trying to get a straight answer from Google as to what is happening, but am having little [...]

ShareCredit Writedowns is a blog that updates you with the latest on finance, economics, markets and politics. If you sign up for our daily newsletter, you will receive daily emails from us on those topics. You can unsubscribe at any time.
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ShareToday is September 11th. This date should always be remembered as many lives were lost in senseless and malicious acts of violence against innocent civilians.
My personal life was shattered by the events of 9/11 so this date will always have significance for me as long as I live.
I lived and worked [...]

ShareI was recently called out on missing the details of the FDIC’s list of 117 ‘problem’ banks. In a post on the OTS’ agreement for regulatory supervision of Washington Mutual, I incorrectly stated that NCC was on that list and inferred that WaMu was as well. This is not the case. The [...]

ShareIt’s time to get positive. A good friend of mine from Toronto was telling me today how depressing the drip-drip of bad news regarding the economy, the markets and housing is becoming. The housing bust has been going on for nearly two years and it seems like a drama that has no end. [...]

ShareI am happy to announce that I am going to feature a guest blogger every week at the weekend. My guest host will be none other than Marshall Auerback of Prudent Bear fame.
Many of you may recall, Marshall wrote the international column at the Prudent Bear for a considerable time, giving his insight on [...]

ShareHi everyone. Just a little admin here.
Graphs and chartsYou probably noticed in my posts on U.S. jobless claims and inflation that my graphs were looking MUCH improved.
Well, I have been reading Tim Iacono’s site and have always thought, “why do his graphs look so good and my look so crap?” Then I [...]

ShareHello readers!
I have some admin news to update you on. A few months ago, I migrated my site over to a new URL and I have not updated my RSS feed to reflect the new address. I know that many of you look at my blog via RSS Feeds or e-mail. [...]

ShareThe day has finally arrived. It’s August and time for a holiday in the sun. I am off with the family for a little rest and relaxation through next week. I will be blogging intermittently, so please check back in.
Have a great week.

ShareJust because the financials are in for a few further rounds of pain doesn’t mean that quality financial institutions in the U.S. don’t exist. There is a stark difference in the level of risk some institutions took during the heydays of the housing and credit bubble.
For example, take yesterday. Dour Jamie Dimon reported [...]