KiloGold

Fitch Take Various Actions on MLMT 2004-MKB1
Fitch Ratings has upgraded three and downgraded two classes of Merrill Lynch Mortgage Trust 2004-MKB1 commercial mortgage pass-through certificates. A detailed list of rating actions follows the end of the press release.

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JPMorgan investment bank has surprise gains in 2Q
JPMorgan Chase surprised Wall Street Thursday with a sharp increase in investment banking income at a time when other banks are warning of layoffs because of a slowdown in trading.

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Honda, Maruti, Hyundai roll out offers to spur car sales
Honda, Maruti, Hyundai roll out offers to spur car salesHonda, Maruti, Hyundai roll out offers to spur car sales

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Consumer agency will try to regulate human nature
You remember the old expression about “locking the barn door after the horse is out”? Well, that’s what’s happening in Washington this week. After many months of delay, the president is set to name a chief for the Consumer Financial Protection Bureau, just in time to meet the July 21 kickoff planned for the new agency. But the new head of the bureau will not be Elizabeth Warren, former Harvard …

Read more on Chicago Sun-Times

Sovereign Debt Weakens European Banks
The latest bank stress test revealed how exposed banks are to the government bonds of Greece, Portugal, Spain and Italy.

Read more on New York Times

The NPP Minority Makes Me …. Want to Piss!!
By Dr. Michael J.K. Bokor E-mail: mjbokor@yahoo.com July 13, 2011 There is pissing everywhere. By whatever the NPP might mean or do to him, the former Minister of Local Government, Kwamena Ahwoi, may not be the only person to be prompted into pissing.

Read more on Ghanaweb.com

The 2013 “Surprise”
“income tax rates on higher earners will likely rise in 2013, and the capital gains rate is unlikely to remain at its current level.”

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Oregon fines online payday lender $90,000 for violating state laws, charging interest of more than 357%
The Department of Consumer and Business Services orders Global Payday Loan to stop operating in Oregon.

Read more on The Oregonian

A credit default will hurt everyone
A credit default will hurt everyone

Read more on Atlanta Journal-Constitution

Washington Federal Reports Quarterly Net Income of $30.1 Million
SEATTLE, WA–(Marketwire – 07/14/11) – Washington Federal, Inc. (NASDAQ: WFSL – News ), parent company of Washington Federal, today announced earnings of $30,121,000 or $.27 per diluted share for the quarter ended June 30, 2011, compared to $12,668,000 or $.11 per diluted share for the same period one year ago, a $17.4 million or 138% increase. Earnings for the nine months ended June 30, 2011 of …

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