Misclassifying shoddy collateral as “ECB-eligible” is a great deal for banks.
Ah, the hypocrisy!
The Big Shakedown of Airbnb hosts.
Banks are on the hook. Shareholders get slammed.
And now that the wrecking ball is in motion…
Ugly repercussions far beyond Spanish borders.
“Many Little Greeces.”
Spain cracks down on the scrappy little guy to protect its oligopolies.
But who knew what and when?
The deal in Spain was the mother of all gift horses. But it’s about to topple.