Financial Terrorists? I haven't heard the expression 'financial terrorists' used in reference to any of the architects of our demise before, but it seems som... Continue reading
Ireland: Making Argentina, Iraq and Pakistan look good From a credit perspective that is. The picture below is a snapshot of Credit Default Swap prices and the Cumulative Probability of Defa... Continue reading
Are investment property owners ‘hard pressed’? PTsb are going to take away investors tracker mortgages unless they go to capital and interest payments, that story was broken by Charl... Continue reading
Irish debt, third most likely to default in the world? Credit Default Swaps hit a record high yesterday for Irish Sovereign Debt. CNBC spoke to Brian Cowen on this topic yesterday, our Stude... Continue reading
Emerging & Developed Economies The picture below spells it out clearly. The green line is the S&P 500, it shows that it has made and lost money resol... Continue reading
Recent Irish bond yields explained in plain English. We are not issuing bonds, so the cost of servicing our debt has not magically risen to ‘7%’ because we are not borrowing at that rate, ... Continue reading
Debt/GDP or Debt/GNP are either of them a good metric? We hear about Debt/GDP all the time (national debt/Gross Domestic Product; total output of the economy) and the standard argument is th... Continue reading
Bond Bubble Looming, where does it end? We have been talking about this for a while (28/01/09, 11/03/09, 23/04/09), it was a popular topic on this blog in 2009 but well covere... Continue reading
How ‘Shared Equity’ in an arrears cases would(n’t) work This piece is a demonstration of the way in which a a bank will opt for ‘shared equity’ with a home owner who is in arrears as means to... Continue reading
Debt forgiveness & Writedowns, one in the same? Below is a comment made by the Regulator at UCC while talking to a group of compliance officers. “Reform of the bankruptcy regime co... Continue reading