Bank and Investment Bank Credibility!

By: Ian Campbell | Fri, Jul 6, 2012
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Why Read: Because current events could be a 'logs that collectively break the camel's back'.

Featured Articles: Two articles today jump up and beg for notice:

As said in yesterday's Newsletter:

"while allegations are just that until they are either proved or disproved, whether it is fair or unfair, even allegations can lead to feelings of discomfort and worse on the part of bank customers, retail investors, institutional investors, and others".

If there are enough negative allegations aimed at specific banks and investment banks, whether or not such allegations are ever proved, there has to be spillover resulting in a negative cloud over the entire financial services industry. Important questions from 20,000 feet then have to be:

JPMorgan Probed Over Possible Power Market Manipulation
Source: CompliancEX, from Reuters, July 5, 2012. READ THIS ARTICLE in 1 minute.

Spain's Banking Crisis Moves Into the Courtroom
Source: CompliancEX, from the New York Times, July 5, 2012. READ THIS ARTICLE in 1 minute.

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Economic Straight Talk

Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
* Canadian Institute of Chartered Business Valuators
** through The Ian R. Campbell Research Initiative

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TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/