Hey CNBC, shut up about millennials already

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

New home sales collapse, erasing recent surge

Sales 11.5% down YOY; fall to 406,000 annual pace
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Lending / The Ticker

Lending activity increases as a reult of loan demand

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By almost every observable metric, the American banking system will enter 2013 with its strongest balance sheet position since before the financial crisis. Marginally higher revenues and shrinking loss provisions have pushed industry-wide net income to its best levels in six years.

The improvement is significantly attributable to gains on the sales of assets and a general rise in non-interest income.

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