Collusion and “absolute monopoly practices.”
“An unforeseen crisis.” Other headwinds intensify too
But Mexican exports to other countries plunge, tripped up by global auto slowdown.
They undermine banks. To dodge the fallout, banks chase yield, buying stuff like CLOs, instead of lending. When loans go bad, banks may “evergreen” them.
Hedge-fund manager Steven Cohen and Michael Bloomberg are among those ruing the day they bought the crushed shares of the UK bank touted as a “bargain.”
Rescue deal fell through at the last moment. China’s Fosun and other shareholders are toast. Creditors get to fight over the debris.
Situation already so bad that hiding debt becomes a priority?
A gigantic spike in three years. The UK dominates.
Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?
The cost of dodging negative interest rates.