Nonperforming Loans Chart -- Get Under Your Desk

NonPerforming Loans, Banks, Chart

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When I looked at this chart this thought came to my mind -- get under your desk.

Nonperforming loans have more than doubled, year over year.

Wonder why stocks are shaky and gold is soaring. This is one reason.

This is not the kind of information that creates confidence. When uncertainty creeps into the market, stocks go down.

Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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'Bad Bank' Funding Plan to Rescue and Move Distressed Assets

Put me down as a fan of this plan. It could end up being a stroke of genius. This definitely trumps the Resolution Trust Corporation (RTC) plan that was used to dispose of the assets from failed Savings and Loans.

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The Obama team announced its intention to partner with the private sector to buy $500 billion to $1 trillion of distressed assets as part of its revamping of the $700 billion bank bailout last month.

...private investment managers would run the funds, deciding which assets to buy and what prices to pay. The government would contribute money from the $700 billion bailout, with additional financing likely coming from the Federal Reserve and by selling government-backed debt. Other investors, such as pension funds, could also participate. To encourage participation, the government would try to minimize risk for private investors, possibly by offering non-recourse loans.

'Bad Bank' Funding Plan Starts to Get Fleshed Out

Bob DeMarco is a citizen journalist, blogger, and Caregiver. In addition to being an experienced writer he taught at the University of Georgia , was an Asociate Director and Limited Partner at Bear Stearns, was CEO of IP Group, and is a mentor. Bob currently resides in Delray Beach, FL where he cares for his mother, Dorothy, who suffers from Alzheimer's disease. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. His content has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, BlogCritics, and a growing list of newspaper websites (15). Bob is actively seeking syndication and writing assignments.

Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now

Nothing but bad news...standby

Nothing but bad news....

• The Dow dropped 4.2% yesterday to 6763.29, its lowest close since April 1997.
• The Dow lost more than half its value since its high in October 2007.
• Citigroup dropped 20% and General Electric dropped 11%.
• The Institute for Supply Management said its measure of manufacturers' employment plans fell to its lowest level since monthly records began in 1948.
• Toyota Financial Services requested bailout funding from the state agency Japan Bank for International Cooperation-- they are asking the Japanese government for as much as $2 billion in emergency loans.
• The Commerce Department reported that construction spending declined 3.3% in January, but for the first time since the housing bust began the drops in nonresidential construction outpaced the fall in the residential sector.
• Gartner said that the personal computer industry “will experience its sharpest unit decline in history,” with worldwide PC shipments set to decline 11.9%.
• MBIA released 2008 results Monday, saying it lost $2.67 billion, up sharply from losses of $1.92 billion a year earlier.
• Of the 1.98 billion shares changing hands on the Big Board, just 38 million represents advancing volume, and the advances trailed declines, 185 to 2,934

Stand by, its early morning, more bad news coming soon.

Bob DeMarco is a citizen journalist, blogger, and Caregiver. In addition to being an experienced writer he taught at the University of Georgia , was an Asociate Director and Limited Partner at Bear Stearns, was CEO of IP Group, and is a mentor. Bob currently resides in Delray Beach, FL where he cares for his mother, Dorothy, who suffers from Alzheimer's disease. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. His content has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, BlogCritics, and a growing list of newspaper websites (15). Bob is actively seeking syndication and writing assignments.

Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now