I've written before about the bomb that's set to fall on U.S. banks in the form of deteriorating commercial real estate loans. Many of these institutions are already buckling because of high losses on their home loans. So a bust in CRE mortgages would hurt, and could be the coup...
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More adults come into contact with broadcast radio than the Internet, according to a Nielsen analysis of a Council for Research Excellence (CRE) study.
The CRE physically watched consumers throughout the day to see how they consume media. Unsurprisingly, people see live television the most. It reaches 95% of adults. After that it's radio at 77%, the Web at 64%, newspapers at 35%, and magazines at 27%.
The radio versus Internet thing is a bit surprising till you remember radio can play passively in the background in cars and offices. The Internet is something you have to actively seek.
Chairman Ben S. Bernanke
At the Economic Club of New York, New York, New York
November 16, 2009
(Video)
On the Outlook for the Economy and Policy
When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just taken a much more virulent turn. In my remarks at [...]
Chairman Ben S. Bernanke
At the Economic Club of New York, New York, New York
November 16, 2009
(Video)
On the Outlook for the Economy and Policy
When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just taken a much more virulent turn. In my remarks at [...]
Fitch Ratings expects rating actions taken as a result of a new review of commercial real estate exposures will be concentrated among the midsized regional and smaller US banks.
In most cases, rating actions will likely be limited to one notch, but more significant downgrades are quite possible among the banks with the greatest exposure.
Key [...]
Stacy Summary: In the waning days of the US empire, North Korea is ‘allowed’ to go nuclear because they have no oil. With limited time before the dollar collapses, I think the US only has time to concentrate on attacking oil rich states. To me, it looks like the headlines are increasingly showing a new [...]
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