In this issue of The Institutional Risk Analyst, IRA Vice Chairman Christopher Whalen returns to a favorite topic, namely the zombie dance queen known as Bank of America. We have been writing about the need to resolve Bank America in bankruptcy for a number of years, most recently in the article "Should the Courts Appoint an Equitable Receiver for Bank of America?," November 28, 2011.
Christopher Whalen, the outspoken bank analyst known for his critical industry research, has joined an investment bank, after nearly a decade as a managing director of Institutional Risk Analytics, the firm he co-founded. Read Post
Eric T. Schneiderman, New York’s attorney general, is expected to file a suit as early as Tuesday accusing the Evans Bank of denying mortgages to African-Americans in Buffalo regardless of their credit. Read Post
Christopher Whalen’s Institutional Risk Analytics came up with his second quarter 2009 stress test results today, and the results aren’t pretty. Whalen says that the US banking industry is still sinking steadily and neither the Obam... Read Post