Mase: Economics and Finance

A review and interpretation of current happenings in the world of economics and finance

Showing posts with label foreign offices. Show all posts
Showing posts with label foreign offices. Show all posts
Monday, April 25, 2011

Large Foreign-Related Banks Now Hold $776 Billion in Cash Assets!

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On February 21, 2011, I asked the question, “Why is most of the Fed’s QE2 cash going to foreign-related banking institutions?” (http://seeki...
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About Me

Mase: Economics and Finance
Professional history: Banking--President and CEO of two publically traded financial institutions; Executive Vice President and CFO of another. Academic--Professor at Penn State University and at the Finance Department, Wharton School, University of Pennsylvania. Government--Special Assistant to Secretary George Romney at Department of Housing and Urban Development; Senior Economist in Federal Reserve System. Entrepreneurial--work in venture capital and other private equity; work with young entrepreneurs in urban environment.
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