The Great Debt Unwind: Business Bankruptcies Soar 38% by Wolf Richter • Oct 6, 2016 • 53 Comments Six years of Fed and Wall Street hype come home to roost.
Kicking Cans Down Long, Empty Roads, Spanish Style by Don Quijones • Oct 5, 2016 • 21 Comments It “could be” a good deal for taxpayers….
Heavy Truck Orders Plunge, Worst September since 2009 by Wolf Richter • Oct 5, 2016 • 43 Comments Transportation Recession exacts its pound of flesh.
Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’ by Don Quijones • Oct 4, 2016 • 12 Comments A Gargantuan Crime Scene.
Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up by Wolf Richter • Oct 2, 2016 • 96 Comments “Very challenging” sales trends.
Stealth Bailout of 2 Franken-Banks Now Happening in Spain by Don Quijones • Oct 1, 2016 • 42 Comments It just doesn’t let up.
I’m in Awe of How Fast Deutsche Bank is Falling Apart by Wolf Richter • Sep 29, 2016 • 99 Comments Counterparties are losing confidence, withdraw cash.
The Loophole for Deutsche Bank’s Bailout: Game almost Over? by Don Quijones • Sep 29, 2016 • 54 Comments Everyone is denying everything.
Wells Fargo Getting Clocked by California: What, No Perp-Walk? by Wolf Richter • Sep 28, 2016 • 41 Comments No bank is “so powerful as to be untouchable.”
EU Banking Mayhem, One Bank at a Time, then All at Once by Wolf Richter • Sep 28, 2016 • 57 Comments Investors are not amused.