The Growth Industry in 2017? Debt Restructuring & Bankruptcy! by Wolf Richter • Feb 6, 2017 • 32 Comments What the experts of the “restructuring industry” see.
Why Corporate America Has Conniptions about Trump’s H-1B Visa Reform by Wolf Richter • Feb 6, 2017 • 170 Comments “This is now standard practice in the technology industry.”
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
There’s a Lot More at Stake in this IPO than Just Toxic Financials by Wolf Richter • Feb 3, 2017 • 63 Comments Silicon Valley hubris knows no bounds.
It’s Time We Talked About Our Owners by Don Quijones • Feb 2, 2017 • 29 Comments How big asset managers impact “our increasingly cartelized economy.”
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?) by Wolf Richter • Jan 29, 2017 • 46 Comments Wall Street hocus-pocus has done an awesome job.
This Mexican Company Could Make a Killing from Trump’s Policies by Don Quijones • Jan 27, 2017 • 51 Comments Business is Business.
Cisco Buys 45th Company in 5 Years, Revenues Still Stagnate by Wolf Richter • Jan 26, 2017 • 46 Comments Have Cisco’s Financial Engineers Gone Nuts?
Financialization of Rents Gets Taxpayer Guarantees by Wolf Richter • Jan 24, 2017 • 99 Comments Government Buckles, Guarantees Buy-to-Rent Mortgage-Backed Securities for First Time Ever. Wall Street Wins Again.
Judge Reveals Shady Side of Crushed Aetna-Humana Merger, Banks to Lick their Wounds, Aetna to Get Pummeled by Wolf Richter • Jan 24, 2017 • 29 Comments Why these mega-mergers? Fees, egos, and pricing power.