09 Aug 2016

European Banks and Nashville Seminars

Lara-Murphy Show 3 Comments

Carlos and I discuss European banks in the latest Lara-Murphy Show. We are going to be presenting on IBC for the general public with Nelson Nash–it’s his farewell seminar for Nashville–on Saturday August 13, 2016. Details here.

3 Responses to “European Banks and Nashville Seminars”

  1. Reply
    Tel says:
    at

    So the physical economy is set to hit a brick wall, and investors should prepare themselves appropriately for this. Great, I guess some regular stretching exercises might help.

    BTW: those “coco” bonds seem like the worst of all possible deals for the buyer. Generally someone buying a bond is looking for low risk and certainty because they might be a bit pessimistic about the future, someone buying a stock on the other hand would do so out of optimism and a belief they will get a better share of the profits. With the “coco” you get all the low returns of the bond, with all the risk of the stock, and you don’t even get a vote as a shareholder… very dirty offloading these shitty instruments onto householders.

    Fascinating relationship between the Trump campaign and Deutsche Bank. So difficult to keep money out of politics, but there you go — money is power and power is money.

  2. Reply
    Tel says:
    at

    An early Australian attempt to explain the banking industry.

    https://youtu.be/U_SVexaSMwk

    I think my tax paid for this. In the name of education, or something…

  3. Reply
    Tel says:
    at

    Can’t remember which episode of LMS discussed negative rates getting imposed on banking customers, so I’m sticking it here as a reference for future historians who might be trying to figure out what became of us.

    http://www.zerohedge.com/news/2016-08-19/bank-ireland-royal-bank-scotland-start-charging-select-clients-holding-cash

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