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.
Big Shrink to “Hire” 25,000 in the US, as Layoffs Pile Up by Wolf Richter • Jan 23, 2017 • 114 Comments IBM is in trouble and desperate hype is apparently required.
What Will Prick the “Leveraged Share Buyback” Craze? by Wolf Richter • Jan 20, 2017 • 34 Comments Fitch Gets Nervous.
Sear’s Bankruptcy, Who Gets the Real Estate, and How the Pension Fund Got Hung Out to Dry Invade Mnuchin’s Senate Confirmation Hearing by Wolf Richter • Jan 20, 2017 • 94 Comments “You were a Director at Sears for 12 years where you had oversight over the administration and investment in the pension fund.”
Toshiba Shares Re-Collapse – the US Fiasco by Wolf Richter • Jan 19, 2017 • 22 Comments It would be comic if the facts behind it weren’t so ugly.