tag:blogger.com,1999:blog-59094837326119227682011-12-05T18:06:19.359-08:00Khumar Jaynoreply@blogger.comBlogger261100tag:blogger.com,1999:blog-5909483732611922768.post-34746775334455348672011-11-21T22:34:00.000-08:002011-11-30T11:43:41.229-08:00

۩ ۩ ۩Financial Controls has moved to http://OspreyFlyer.com Financial Controls Has Moved to a New Website! Financial Controls has merged with Osprey Flyer and moved to a new website http://OspreyFlyer.com. All new posts will be published there. The prior posts will remain archived here at the old website.OspreyFlyer.com^v^ ^v^ ^v^

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-38683220437733912842011-11-19T13:01:00.000-08:002011-11-30T11:43:41.262-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 2 banks on Friday, November 18, 2011, which increased total bank failures for 2011 to 90. This was the 37th week of the 46 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA Bank Seizures, FDIC Deposit Insurance Fund Cost of Failed Banks, and the FDIC Problem Bank List are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-41092901455231070872011-11-16T06:30:00.000-08:002011-11-30T11:43:41.322-08:00

۩ ۩ ۩Federal Reserve Statistical Release: Industrial Production and Capacity UtilizationTrend The short-term trend continues upwards, with 5 increases in the past 6 months. The intermediate-term trend and the long-term trend continue upwards.Cycle History The current October 2011 USA Industrial Production Index is a Post-Great Recession peak of 94.71 (preliminary). A Great Recession cyclical low

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-67713841893757757412011-11-11T08:37:00.000-08:002011-11-30T11:43:41.385-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 1 bank on Thursday, November 10, 2011, which increased total bank failures for 2011 to 88. This was the 36th week of the 45 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA Bank Seizures, FDIC Deposit Insurance Fund Cost of Failed Banks, and the FDIC Problem Bank List are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-23557472153941821642011-11-07T20:02:00.000-08:002011-11-30T11:43:41.452-08:00

۩ ۩ ۩Federal Reserve Statistical Release: Consumer CreditUSA Consumer Credit (Preliminary, Not Seasonally Adjusted) Total consumer credit increased +0.52% and +$12.74 billion to $2.467 trillion in September 2011 from August 2011. This is a 20-month high. Total revolving credit decreased -0.22% and -$1.76 billion to $791.06 billion, a 2-month low. Total nonrevolving credit increased +0.87% and +

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-22070842610756687902011-11-04T20:29:00.000-07:002011-11-30T11:43:41.510-08:00

۩ ۩ ۩Chairman Ben S. Bernanke conducted the Federal Reserve press conferenceFederal Reserve Press ConferenceFederal Open Market Committee, November 2, 2011: "Economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year. Nonetheless, recent indicators point to continuing weakness in overall labor

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-71126142614612569542011-11-04T18:31:00.000-07:002011-11-30T11:43:41.566-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 2 banks on Friday, November 4, 2011, which increased total bank failures for 2011 to 87. This was the 35th week of the 44 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA Bank Seizures, FDIC Deposit Insurance Fund Cost of Failed Banks, and the FDIC Problem Bank List are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-73469030973386785042011-11-03T21:35:00.000-07:002011-11-30T11:43:41.626-08:00

۩ ۩ ۩Federal Reserve Building 1937Federal Reserve Summary of Economic ProjectionsFederal Open Market Committee, November 2, 2011: "Economic growth strengthened somewhat in the third quarter, reflecting in part a reversal of the temporary factors that had weighed on growth earlier in the year. Nonetheless, recent indicators point to continuing weakness in overall labor market conditions, and the

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-9414356669778224962011-11-03T21:09:00.000-07:002011-11-30T11:43:41.678-08:00

۩ ۩ ۩Marriner S. Eccles Federal Reserve Board Building in Washington, D.C."Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability."USA EconomyThe Federal Open Market Committee issued a statement on November 2, 2011 after a meeting on monetary policy (at the bottom of this page). The FOMC revised their November statement to, "Economic growth

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-33917698888511911252011-10-29T11:29:00.000-07:002011-11-30T11:43:41.719-08:00

۩ ۩ ۩Big Bank Revenues include loan interest, investment interest, and feesBig Bank Fees Bank of America, with $2.2 trillion in total assets and earnings of $6.23 billion in the latest quarter, offended consumers with the announcement of a $5 debit card fee. Now Bank of America and other banks are maneuvering to mitigate this public relations disaster. Bank of America is now saying the debit card

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-51803689789013668712011-10-28T19:08:00.000-07:002011-11-30T11:43:41.822-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 1 bank on Friday, October 28, 2011, which increased total bank failures for 2011 to 85. This was the 34th week of the 43 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA Bank Seizures, FDIC Deposit Insurance Fund Cost of Failed Banks, and the FDIC Problem Bank List are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-14312876094952157332011-10-27T10:24:00.000-07:002011-11-30T11:43:41.930-08:00

۩ ۩ ۩Largest USA BanksLargest USA Banks Report Earnings ReboundLargest USA Banks Net Income QoQ The 7 Largest USA Banks reported an average +16.70% increase in quarterly net income for the QE 9-30-11, compared to the prior quarter QE 6-30-11. 5 of the 7 banks reported an increase. A significant portion of the aggregate increase was attributable to Bank of America +170.61% QoQ, swinging from a net

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-53751971763105345282011-10-23T12:01:00.000-07:002011-11-30T11:43:41.971-08:00

۩ ۩ ۩Largest USA BanksLargest USA Banks Report Improved Quarterly ResultsLargest USA Banks Profits Increase The 7 Largest USA Banks reported an aggregate quarterly net income of $21.38 billion for the QE 9-30-11, which is the highest in the 5 quarters reviewed. This is a an increase of +$14.00 billion and +190% from the prior quarter QE 6-30-11. The increase is attributable to Bank of America,

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-27651707187122071632011-10-22T06:01:00.000-07:002011-11-30T11:43:42.193-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 4 banks on Friday, October 21, 2011, which increased total bank failures for 2011 to 84. This was the 33rd week of the 42 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA bank seizures, FDIC Deposit Insurance Fund Cost for Failed Banks, and the FDIC problem bank list are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-45637599344916806272011-10-22T05:21:00.000-07:002011-11-30T11:43:42.284-08:00

۩ ۩ ۩Marriner S. Eccles Federal Reserve Board Building in Washington, D.C.SummaryThe Federal Reserve Board issued the much scrutinized Beige Book on October 19, 2011, effective October 7, 2011. Overall, across the 12 Federal Reserve Districts, "economic activity continued to expand". The prior Beige Book was released September 7, 2011, effective August 26, 2011. The Federal Reserve wording, and

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-89288110781815324442011-10-21T03:56:00.000-07:002011-11-30T11:43:42.370-08:00

۩ ۩ ۩Morgan Stanley reported Q3 2011 financial results on October 19, 2011* Charts and commentary haven been updated for Morgan Stanley Q3 2011 financial results *Morgan Stanley Reports Lackluster Earnings: Core, continuing operations EPS $0.02Morgan Stanley Summary Q3 2011 Morgan Stanley financial performance was inflated by a +$3.4 billion Debt Valuation Adjustment, an unrealized gain, which

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-68527674983234585942011-10-18T20:34:00.000-07:002011-11-30T11:43:42.461-08:00

۩ ۩ ۩Goldman Sachs (GS) reported Q3 2011 financial results on October 18, 2011* Charts and commentary have been updated for Goldman Sachs Q2 June 2011 financial results *Goldman Sachs Posts $393 Million Loss: Worst financial performance since November 2008Goldman Sachs Summary Q3 2011 Goldman Sachs Q3 2011 financial results are the worst since the QE November 2008 during the depths of the USA

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-52196254562929525292011-10-18T12:23:00.000-07:002011-11-30T11:43:42.552-08:00

۩ ۩ ۩Bank of America (BAC) reported Q3 2011 financial results on October 18, 2011* Charts and commentary have been updated for Bank of America Q3 2011 financial results *Bank of America Reports Questionable Financial Performance: $7.6B in accounting & valuation gainsBank of America Summary Q3 2011 Bank of America Q3 financial performance rebounded to a net income of $6.23 billion, but this

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-33607627036540282862011-10-17T10:28:00.000-07:002011-11-30T11:43:42.645-08:00

۩ ۩ ۩Wells Fargo (WFC) reported Q3 2011 financial results on October 17, 2011* Charts and commentary have been updated for Wells Fargo Q3 2011 financial results *Wells Fargo Reports (WFC) Record Q3 Earnings: Strong financial performance & positionWells Fargo Summary Q3 2011 Well Fargo reported record quarterly net income of $4.1 billion and record earnings per share of $0.72. This was an overall

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-5973358620239092102011-10-17T08:51:00.000-07:002011-11-30T11:43:42.743-08:00

۩ ۩ ۩Federal Reserve Statistical Release: Industrial Production and Capacity UtilizationTrend The short-term trend continues upwards, with 5 consecutive monthly increases and 6 increases in the past 7 months. The intermediate-term trend and the long-term trend continue upwards.Cycle History The current September 2011 USA Industrial Production Index is a Post-Great Recession peak of 94.19 (

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-7254334961284330482011-10-17T07:31:00.000-07:002011-11-30T11:43:42.846-08:00

۩ ۩ ۩Citigroup (C) reported Q3 2011 financial results on Monday, October 17* Charts and commentary have been updated for Citigroup Q3 2011 financial results *Citigroup (C) Reports Continued Financial Improvement for Q2 2011: Net Income & EPS IncreaseCitigroup Summary Q3 2011 Citigroup Q3 financial performance improved again with net income of $3.8 billion and earnings per share of $1.23, both of

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-27972306494176563902011-10-15T10:25:00.000-07:002011-11-30T11:43:42.943-08:00

۩ ۩ ۩Goldman Sachs (GS) will report Q3 2011 financial results on Tuesday, October 18Goldman Sachs (GS) to Announce EarningsGoldman Sachs will report Q3 2011 financial results on Tuesday, October 18, before market open. The conference call will be at 8:00 a.m. ET.Goldman Sachs Future and Past Financial PerformanceEarnings per ShareYahoo Finance Analysts Estimates: $-0.15 avg, low estimate $-1.02,

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-70358377172656874352011-10-14T15:17:00.000-07:002011-11-30T11:43:43.038-08:00

۩ ۩ ۩2010 bank failures were 157 and 2009 bank failures were 140The FDIC closed 4 banks on Friday, October 14, 2011, which increased total bank failures for 2011 to 80. This was the 32nd week of the 41 weeks in 2011 to-date that the FDIC has seized at least 1 bank.  Annual charts of USA bank seizures, FDIC Deposit Insurance Fund Cost for Failed Banks, and the FDIC problem bank list are below.

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-7925539454116900332011-10-13T09:18:00.000-07:002011-11-30T11:43:43.134-08:00

۩ ۩ ۩JPMorgan Chase reported Q3 September 2011 financial results on Thursday, October 13* Charts and commentary have been updated for JPMorgan Q3 2011 financial results *JPMorgan Financial Results Deteriorate: Credit losses spike upwardsJPMorgan Summary Q3 2011 JP Morgan's Q3 2011 financial results deteriorated QoQ and were flat YoY. JPMorgan has definitely rebounded from the depths of the Great

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-29495038757102030342011-10-09T13:34:00.000-07:002011-11-30T11:43:43.236-08:00

۩ ۩ ۩JPMorgan (JPM) will report Q3 2011 financial results on Thursday, October 13JPMorgan (JPM) Financial Performance ReviewJPMorgan will report Q3 2011 financial results on Thursday, October 13, before market open. The conference call will be at 10:00 a.m. ET.JPMorgan financial performance charts for prior quarters have been posted on the JPMorgan Financial Performance page and will be updated

Khumar Jaynoreply@blogger.com0tag:blogger.com,1999:blog-5909483732611922768.post-18657631188347109642011-09-22T11:44:00.001-07:002011-09-22T11:44:41.337-07:00

Welcome to the Reading List. Here are all the updates from any blogs you follow and sites you've joined using Google Friend Connect

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