Liquidity Anesthesia

By |2014-04-10T10:03:16-04:00April 10th, 2014|Bonds, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Reuters reports this morning that RBC has joined with several other banks (only Goldman Sachs and Interactive Brokers were named by Reuters; Coutts & Co were named in a Bloomberg BusinessWeek article from yesterday) in a lawsuit against Blumont Group Ltd. At issue, apparently, are shares several executives and owners pledged as collateral to the financial firms securing credit lines. [...]