05.04.09: What were they thinking? The Financial Crisis in the Banking Sector.
A 742-page TWST Retrospective Report on the The Financial Crisis in the Banking Sector, through the eyes and words of 11 Roundtable Forums, 16 analyst interviews and 31 company interviews, 6 off-the-records, and 11 Money Manager interviews. This report is available - in pdf format - for only $395.
To order your own copy of this unique 742 page report, and gain immediate access, click here
This unique 742-page document tracks the thinking and perspective on the major sectors of finance, from 2000 through to 2009, with particular emphasis on the period from 2003 to 2006 when the seeds of today's crisis were sewn.
This is a record of in-depth verbatim interviews conducted and published at the time, probably the only long-form, first-hand account of what exactly people were thinking as the crisis unfolded.
Company CEOs - including IndyMac, Freddie Mac, Countrywide - describe strategies we may now deem questionable. Analysts, looking at the market, but unsure of how to balance positive signals with warning signs. Money Managers - professional investors - attracted by the earnings growth many of these firms achieved.
This report covers the three major sectors that were impacted by the current crisis - banking, mortgage finance and investment banking. Read how analysts were first unable to see the difficulties, then were unsure how to balance them against positive trends, then were unable to foresee the likelihood of a vast depreciation in asset prices, and finally came to realize how deep the problems were.
01/03/00 - CEO Interview: Angelo R. Mozilo - Countrywide Credit Industries
03/20/00 - Analyst Interview: Financial Services: A Legislative & Regulatory Outlook: Stephen Blumenthal - Schwab Washington Research Group
09/11/00 - Roundtable Panel: Roundtable Forum: Specialty Finance Industry
09/20/01 - CEO Interview: Michael Farrell - Annaly Mortgage Management
11/05/01 - CEO Interview: Michael Strauss - American Home Mortgage Holdings
02/25/02 - Money Manager Interview: Pierre Trinque - Riggs Investment Management Corporation
05/20/02 - CEO Interview: Clement Ziroli - First Mortgage Corporation
07/22/02 - CEO Interview: Scott Hartman - Novastar Financial
09/12/02 - CEO Interview: Jeffrey Leeds - Greenpoint Financial Corporation
09/30/02 - Analyst Interview: Specialty Finance Companies: Vincent Daniel - Keefe, Bruyette & Woods
09/30/02 - CEO Interview: Henry Edelman - Federal Agricultural Mortgage Corporation
09/30/02 - Roundtable Panel: Roundtable Forum: Specialty Finance / Mortgage Finance
11/11/02 - Money Manager Interview: J.Schmidt / L.Welch - John Hancock Funds
12/03/02 - CEO Interview: Stuart Rothstein - American Mortgage Acceptance Company
12/03/02 - CEO Interview: Joseph Amato - Freddie Mac
03/11/03 - CEO Interview: Stephen Byrne - Vestin Mortgage
03/11/03 - CEO Interview: James Donnan - Factual Data Corporation
05/19/03 - Analyst Interview: Community Banks: A Legislative & Regulatory Overview: Robert Davis - America's Community Bankers
08/11/03 - CEO Interview: Michael Sawyer - Saxon Capital
11/26/03 - CEO Interview: Joseph Tomkinson - Impac Mortgage Holdings
11/26/03 - CEO Interview: William Gorin - MFA Mortgage Investments
11/26/03 - CEO Interview: Ray Mckewon - Accredited Home Lenders Holding Co
11/26/03 - CEO Interview: Chris Larsen - E-Loan
11/26/03 - CEO Interview: Robert Cole - New Century Financial Corporation
02/16/04 - Analyst Interview: Real Estate Markets: A Buyside Perspective: Ron Weiss - Spirit Of America Management
05/17/04 - Money Manager Interview: Gustave Seasongood - The Huntington National Bank
07/19/04 - Analyst Interview: Outlook For Mortgage Finance Companies: Erik Eisenstein - Standard & Poor's Equity Group
07/19/04 - CEO Interview: Joseph Kristul - Transnational Financial Network
07/19/04 - CEO Interview: A.Scott Keys - Indymac Bancorp
07/19/04 - Off-the-Record: Off The Record: Specialty Finance / Mortgage Finance
07/19/04 - Roundtable Panel: Roundtable Forum: Specialty Finance / Mortgage Finance
08/16/04 - CEO Interview: Howard Nathan - Pelican Financial
02/21/05 - Off-the-Record: Off The Record: Mid-Atlantic & Southeast Regional Banks
04/25/05 - CEO Interview: Gail Seneca - Luminent Mortgage Capital
04/25/05 - CEO Interview: Lloyd McAdams - Anworth Mortgage Asset Corporation
04/25/05 - CEO Interview: Jeffrey Zimmer - Bimini Mortgage Management
05/16/05 - CEO Interview: Michael Reardon - Student Loan Corporation
05/16/05 - Off-the-Record: Off The Record: Midwestern Banks
08/08/05 - CEO Interview: Hans Ganz - First Pactrust Bancorp
08/08/05 - Money Manager Interview: Bill Rubin - The Dreyfus Corporation / The Boston Company
08/08/05 - Off-the-Record: Off The Record: Western Banks
09/19/05 - Money Manager Interview: Stephen Sexauer - Nicholas - Applegate Capital Management
10/10/05 - Off-the-Record: Off The Record: Northwestern Banks
12/12/05 - Analyst Interview: Outlook For Mid-Tier Banks: Jacqueline Reeves - Ryan Beck
02/20/06 - Analyst Interview: Outlook For Southern Banks: Kevin Reynolds - Stanford Group Company
03/06/06 - Money Manager Interview: Jason Kiss - Bartlett & Company
03/27/06 - CEO Interview: Larry Goldstone - Thonrburg Mortgage
03/27/06 - CEO Interview: D.Akre / M.Wirth - New York Mortgage Trust
04/03/06 - Money Manager Interview: Tim Reynolds - Mallard Capital
04/07/06 - CEO Interview: Hugh Miller - Delta Financial Corporation
04/24/06 - Analyst Interview: Specialty & Mortgage Finance: Mark Agah - Portales Partners
04/24/06 - Analyst Interview: Specialty Finance: Alvar Soosaar - Cohen Bros
04/24/06 - Analyst Interview: Specialty & Mortgage Finance: Michael McMahon - Sandler O'Neill & Partners
04/24/06 - CEO Interview: James Sartain - Firstcity Financial Corporation
05/01/06 - Analyst Interview: Outlook For Midwestern Banks: Fred Cummings - Keybanc Capital Markets
05/01/06 - Off-the-Record: Off The Record: Midwestern Banks
05/01/06 - Roundtable Panel: Roundtable Forum: Midwestern Banks
07/10/06 - Money Manager Interview: Antonio Despirito Iii - Pzena Investment Management
07/17/06 - Analyst Interview: California Banks: Joseph Gladue - Cohen Bros
07/17/06 - Off-the-Record: Off The Record: Western Banks
07/24/06 - CEO Interview: Michael Shustek - Vestin Realty Mortgage II
11/13/06 - Roundtable Panel: Roundtable Forum: Brokers & Asset Managers
02/19/07 - Analyst Interview: 2007 Outlook For Bank Stocks - Jeff K. Davis - FTN Midwest Securities
02/19/07 - Roundtable Panel: Roundtable Forum: Southeast & Southwest Community Banks
04/23/07 - Analyst Interview: Subprime, Consumer Micro-Lending Companies - Daniel B. O'Sullivan - Utendahl Capital Partners
07/02/07 - Roundtable Panel: Roundtable Forum: Western Banks
07/23/07 - Money Manager Interview: A Disciplined Approach To Equity Valuation - Donald L. Head - Head & Associates
10/08/07 - Roundtable Panel: Roundtable Forum: Securities Brokerage
10/22/07 - CEO Interview: Joseph R. Ficalora - New York Community Bancorp
10/22/07 - Roundtable Panel: Roundtable Forum: Northeast Banks
11/26/07 - Money Manager Interview: A Review Of 2007 And A Forecast Of 2008 - Thomas P. Au - R.W. Wentworth & Co
01/14/08 - Analyst Interview: Southeast & Mid-Atlantic Regional Banks - Mark Muth - FTN Midwest Securities
01/14/08 - Roundtable Panel: Roundtable Forum: Southeastern Banks
03/10/08 - Analyst Interview: Consumer & Commercial Finance Companies - Sameer Gokhale - Keefe, Bruyette & Woods
03/10/08 - CEO Interview: Ivan Wahl – Xceed Mortgage Corporation
04/21/08 - Money Manager Interview: Outlook For Fixed-Income Investing - Paul W. Gifford Jr. - 1st Source Corporation Investment Advisors
07/07/08 - Roundtable Panel: Roundtable Forum: Western Banks
09/22/08 - Money Manager Interview: Investing In Financial Services Stocks - Anton V. Schutz - Mendon Capital Advisors
10/13/08 - Analyst Interview: Outlook For Investment Banking - Ada Lee - Sterne Agee
ORDER THIS REPORT NOW! CLICK HERE
Companies covered: This report covers almost all of the major US financial institutions - include most of the TARP 19 - as well as numerous smaller banks that may no longer even exist - include Countrywide, IndyMac, New Century and other mortgage banks. The list includes: Advance America, Cash Advance Centers; American Express Company; American International Group; AmeriCredit Corporation; Bank of America Corporation; Bank of New York Company; Capital One Financial Corporation; Citigroup; CompuCredit Corporation; Federal Agricultural Mortgage Corporation; Federal Home Loan Mortgage Corporation (Freddie Mac); Federal National Mortgage Association (Fannie Mae); Fifth Third Bancorp; First BanCorp.; JP Morgan Chase; KeyCorp; MetLife; Tree.Com; Wells Fargo.