Casualty of much more than just the oil price collapse.
The toxic miasma of “distressed debt.”
A collapsed price, a lot of money, and some shrewd traders.
Wall Street engineering at its best. Investors now get their hands burned off.
What happens when an entire industry, even at higher oil prices, can no longer service its debt?
Toxic mix? Chesapeake’s ex-CEO McClendon teams up with Mexican ex-president Fox.
Not seen since the Financial Crisis.
Panic seems like a strong word, but….
“The number of half-empty office buildings in Alberta is projected to spike.”
The “Peña Nieto Bottom”