Why Hanjin’s Zombie Collapse Won’t Be the Last One by Wolf Richter • Sep 18, 2016 • 72 Comments The pain will continue, with many more false-hope ups followed by brutal smack-downs, and more carriers cracking under their debt.
Italian Banking Crisis Turns into Mission Impossible by Don Quijones • Sep 17, 2016 • 29 Comments With a stagnating economy, even supposedly good debt on banks’ books may end up putrefying.
Deutsche Bank’s CoCo Bonds Speak of Fear of the Worst by Wolf Richter • Sep 16, 2016 • 24 Comments For profitable, well-capitalized banks not teetering on the brink, big fines are a slap on the wrist. But these three conditions don’t apply to Deutsche Bank.
“Where’s the Money Gone?” Rescue of Spain’s Biggest-Ever Corporate Bankruptcy Stumbles in Mexico by Don Quijones • Sep 15, 2016 • 12 Comments Fleeced Mexican investors left railing against big banks and hedge funds.
Self-Driving Vehicle Revolution to Wipe Out 4 Million Jobs by Wolf Richter • Sep 14, 2016 • 162 Comments But we’re not prepared.
The Chilling Thing CEOs of Corporate America Said about Jobs by Wolf Richter • Sep 13, 2016 • 56 Comments Part of the “unfortunate new normal.”
Barcelona just Declared War on Airbnb (and its Hosts) by Don Quijones • Sep 11, 2016 • 58 Comments It is about protecting its own racket.
Dell-EMC to Lay Off 2,000 – 3,000 US Workers after Requesting 5,000 H-1B Visas & Green Cards to Import Foreign Workers by Wolf Richter • Sep 9, 2016 • 108 Comments Trying to find efficiencies and synergies to save $1.7 billion.
“Tech” Paid $5 Billion in Fees to Wall Street in 2016, and Look What it Got for it by Wolf Richter • Sep 8, 2016 • 27 Comments Most often it just leads to more shut-downs, write-offs, and layoffs.
“Zombie Apocalypse”: The Hanjin Bailout that Didn’t Happen by Wolf Richter • Sep 5, 2016 • 47 Comments It “shatters the complacency” that TBTF carriers “are immune to failure”
