The one question lurking in my mind is this: The crisis in the news is the bank’s shortage of cash … but is there also a balance sheet of bad loans lurking in the background?
From what I've heard the balance sheet problem is one of yield mismatch (holding too much low yield paper) not of bad loans.
It used to be said that if a Senate incumbent wasn’t at 50%, they were going to lose, but I haven’t heard that in about 15 years. Is tat still the case?
