Do you see what’s happening to the dollar. I believe, and this is just a theory, the reason that the stock market is seeing growth is because most of the major companies on the DOW and S&P today are international companies, and are generating a great deal of the profits from international sources. As the [...]

The end of Chrysler nears, at least before it is reorganized in bankruptcy court, at which point it may reemerge as concern owned mostly by its unionized worker force and the Italian car maker Fiat, better known to some Americans as Fix It Again Tony.
�
“The American automaker Chrysler will file for bankruptcy on Thursday, an [...]

As Chrysler works against the government clock, it seems as they have come up with a plan that might keep the automaker out of bankruptcy court. Chrysler’s unsecured creditors have reached a preliminary agreement with the Treasury Department and United Auto Works which will change the ownership structure of the company, and keep them making [...]

Recently Wall Street has been blushing with optimism, based largely on good returns from the American Banking sector. However many question have come up with regards to how those numbers where reached, and how the banks accounted for the large loans received via the Government bailout program, TARP. The program allowed the banks great freedom [...]

How much can the average American Joe take, as their political leaders show greater willingness to feed the rich and care little for the everyman? After the September 11 attacks, Americans where asked to go out and spend. The strength of American was in its ability to spend money like there was no tomorrow. As [...]

The Whybanksfail blog primarily looks at the health of banks industry. Recently the Banking sector has experienced a revival or sorts, base on what we believe to be a bear market rally. The euphoria on Wall Street has caused to explore our parts of the economy to see what global recession of 2008/9 has in [...]

The recession has hit even the fable German car makers, as BMW, maker of sports and luxury cars saw a loss in the fourth quarter of 2008, and Volkswagen predicted a decline in profit this year.
�
“BMW said in a preliminary statement that it had suffered from write-downs related to the reduced value of leased cars [...]

Read Article: Hedge fund takes HSBC short position

HSBC, has been positioned well recently as most analyst believe that Asia is better off then the rest of the world, and will emerge stronger from the global recession. However, the bank recently needed to conduct a huge rights offering of $17.7 billon.
�
HSBC has large exposure to [...]

As the economic crisis of 2008/09 plays out, we are forced to take a closer look at the Japanese economy Much of the US Government proposed bailout, stimulus, restructuring plans are based on the Japanese model of the 1990’s which did little for the Japanese other then keep them in a prolonged recession for nearly [...]

It seems that even oil rich Venezuela’s is having a issues when it comes to knowning with whom they have invested their money. As the details around Texas financier R. Allen Stanford become available many countries in Latin and South American are trying to gage their exposure to the fail out, as Stanford International Bank [...]

Yesterday was all about UBS, today we look closely at another Swiss bank that seems to be having some issues. Switzerland’s second-largest bank Crédit Suisse announced its largest fourth-quarter loss. With so many European banks reporting losing we are reminded that this truly is a global problem. It will be interesting to see if Europe [...]

When thinking of the Swiss Banking system, for most of us the only real recollection we have of the SNB is when a bad guy in a movie wants to move money around. He gets to use a numbered account in Switzerland. When I start hear that they are losing money. I wonder if the [...]

England seems to be the country which is getting the blunt side of the economic crisis knife is have a difficult time finding its footing. Forced to once again cut the interest rate, the british government is looking for other ways to jump start the lending and get small and medium size business working again. [...]

Mounting additional pressure on the American, another country has started to do more to help its companies directly. “The Japanese government on Tuesday outlined a plan to inject state money into ailing companies in exchange for equity stakes, a move that echoes the partial nationalization of some troubled financial firms in the United States and [...]

Today might go down in history as DarkGray Money.  It seems that companies across all industries have decided to trim their work force today. “Companies today announcing at least 72,500 job cuts.”
�
Whybanksfail is speechless, wanting to know how spending more money, giving more bailouts, paying for more wars is going to soften the blow [...]