Archive for June, 2012

June 2012

June 30, 2012  |   Monthly Commentary   |     |   0 Comment

June was a month of relative reprieve from the ongoing European fiscal drama. Favorable outcome in the Greek election combined with the agreement among Eurozone members to move toward an FDIC-like bank support model went a long way to soothing the nervousness that griped the capital markets at the beginning of June. Of note during the month was SEC Chairwoman Mary Schapiro’s comments before Congress in which she advocated for the changes in the structure ...