2008 Risk Management Security Taxes 
Jeff For Banks
JUNE 2, 2023
When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. We took a serious reputational hit. Good times.
Jeff For Banks
JULY 8, 2017
trillion in 2008. trillion in Agency mortgage backed securities. million at the end of December, 2007, before the crisis hit in 2008. million in December, 2008 and the peak occurred in October, 2009 at 21.4 Physical security costs ramped up over the past 15 years; just ask the airlines and Homeland Security.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Jeff For Banks
JULY 9, 2012
On June 28th, the Supreme Court upheld the Affordable Care Act as constitutional, calling penalties on individuals for failing to purchase health insurance a “tax.” This decision sets in motion a series of steps to implement the law over the next few years along with the estimated $813 billion in taxes and levies over the next ten years.
Jeff For Banks
JANUARY 18, 2014
He succeeded in saving us from true disaster in 2008, but has not been able to accomplish his goal of strong economic growth. Incidentally, your QE 1 to 3 programs ran for six years, accumulated three trillion dollars of securities, and pushed long term rates lower when your forward guidance could not do so. Just saying.
Jeff For Banks
APRIL 10, 2015
Here in the US, short term rates have been at zero since December, 2008 and countless rounds of forward guidance and trillions of dollars of bonds bought by the Fed in QE programs have failed to push our growth rate much above +2.0%. In 2014, our GDP growth was +2.4%; in the fourth quarter, it was +2.2% I think not. Only they know for sure.
Jeff For Banks
AUGUST 12, 2010
The stress of September, 2008 to March, 2009 was beginning to be erased by an economic recovery, as signaled by stocks that rallied over 60% from fearful lows to levels that supported growth. Existing and new home sales fell sharply in May, but this followed the unusually high months of March and April that contained the $8,000 tax credit.
Jeff For Banks
OCTOBER 11, 2011
Stocks have taken the brunt of investor frustration, selling off steeply in the third quarter for the worst quarterly loss since the height of the financial crisis in late 2008 and early 2009. trillion of Agencies’ bonds and Agency mortgage backed securities, QE2’s purchase of $600 billion of Treasuries, and now the “promise” and the “twist.”
Expert insights. Personalized for you.
78 
Let's personalize your content