Latest / Eurodollar University
On No... Now HSBC is in Trouble
The stock market was not happy with HSBC. The banking giant reported what should have been a small nothing, a $400mm loss on a loan to an Irish entity with a name that sounds like a Star Wars droid. AGF WHCO 1-A5. But that $400mm loan and loss ended up pulling back the curtain a little more on the current credit crisis. As did the comments from Apollo’s CEO, where he used the words “contagion” and “egregious.”
Eurodollar University's Money & Macro Analysis
-----------------------------------------------
What is a Eurodollar University membership? It’s where understanding the monetary world…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.