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>> CREDIT Latest News

FEB 07, 2016 - Forbes

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Woman Says Ted Cruz Is A 'Liar And A Thief' For Stealing Credit For 'Trumpertantrum'

OK, so forget about whether Trump or Cruz could protect the term “Trumpertantrum.”  Forget about whether it is a trademark at all.

Tags: Woman Says Ted Cruz Is A 'Liar And A Thief' For Stealing Credit For 'Trumpertantrum',  Credit Latest News

FEB 07, 2016 - Zero Hedge

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Steve Keen Exposes Our Dysfunctional Monetary System

Authored by Steve Keen, originally posted at Forbes.com, The great tragedy of the global economic malaise is that it is caused by a shortage of something that is essentially costless to produce: money. Both banks and governments can produce money at physically trivial costs. Banks create money by creating a loan, and the establishment costs of a loan are miniscule ...

Tags: Steve Keen Exposes Our Dysfunctional Monetary System,  Credit Latest News

FEB 07, 2016 - Zero Hedge

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"Few Are Yet Willing To Admit The Harsh Reality..."

Excerpted from Doug Noland's Credit Bubble Bulletin, Crude has rallied about 5% off of last month’s low. The Brazilian real closed Friday at 3.90, having posted a decent rally from the January closing low of 4.16 to the dollar. Brazilian equities have bounced about 10%. This week saw Brazil’s currency rally 2.4%. In general, EM currencies and equities have somewhat ...

Tags: "Few Are Yet Willing To Admit The Harsh Reality...",  Credit Latest News

FEB 07, 2016 - Wall Street Journal

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Credit Suisse CEO Asks Board to Cut His Bonus After Weak Results

The CEO of Credit Suisse has asked his board to slash his bonus, after the Swiss bank posted quarterly results that sent its share price tumbling lower.

Tags: Credit Suisse CEO Asks Board to Cut His Bonus After Weak Results,  Credit Latest News

FEB 07, 2016 - New York Times

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Credit Suisse C.E.O. Asks for a Cut in His Bonus

The executive, Tidjane Thiam, asked the board for a “significant reduction” in his bonus after the bank reported a multibillion-dollar quarterly loss.

Tags: Credit Suisse C.E.O. Asks for a Cut in His Bonus,  Credit Latest News