Bank Earnings Get Mauled by “Leveraged Loan” Time Bomb by Wolf Richter • Mar 23, 2016 • 17 Comments Distress ratio spikes to Financial Crisis level.
How Wall Street Is Exporting Toxic Junk Loan Waste To Japan by Wolf Richter • Apr 17, 2015 • 13 Comments US junk goes in. Plump, yen-denominated, highly rated bonds come out.