In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.
Monday, October 29, 2012
Santander Takes a Big Writedown on Its Spanish Real estate Loans
10/25/2012
Banco Santander said profit fell after it amassed provisions against
real-estate losses in Spain and as economic activity stuttered in some
Latin American markets. Dow Jones's Margot Patrick reports:
Shades of the US real estate bubble bursting in 2007-08 as well as norther rock's UK collapse too.
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