Wells Fargo stock has been on a tear, but billions in possible loan losses could weigh heavily on the share price.
Roubini predicts 17% of those loans will go bad as developers hit the skids.
With nearly $2 trillion amassed in foreign currency holdings, China's government had the largesse this week to grant Zardari an immediate soft loan of upwards of $1 billion .
European Leveraged Loan Default Rate Ticks To 9-Month Low The default rate per the S&P European Leveraged Loan Index (ELLI) was 5.8% in May, down a notch from 5.9% tracked for the 12-month period ended April. The rate is at its lowest since August 2012, when it was 5%. In the 12 months ended May 31, the ELLI tracked €6.2 billion of institutional loan defaults and restructurings, compared with €6.3 billion at the previous monthly reading.
June 13, 2013 - Forbes
Obama's energy loan program is no boondoggle after all During last year's presidential campaign, federal loan guarantees for alternative-energy companies became a GOP punch line. Mitt Romney referred to some of the recipients as "losers." Paul Ryan said they addressed "make-believe markets."
June 13, 2013 - CNN Money
Everything you need to know about the student loan rate hike Student loan interest rates for the subsidized Stafford program are set to double on July 1. Here's what that means, and how Congress could prevent it.
June 13, 2013 - Washington Post
Bobby Jindal in CNN Democratic leaders say their legislation will grow the economy,Jindal said. "What it will do is grow the government, increase our taxes down the line, and saddle future generations with debt. Who among us would ask our children for a loan,...
John McCain in Bloomberg I would order the secretary of Treasury to immediately buy up the bad home-loan mortgages in America and renegotiate at the new value of those homes,McCain said tonight during their second debate, a town hall-style forum at Belmont University...