Look Who’s Frantically Demanding that Taxpayers Stop Italy’s Bank Meltdown by Don Quijones • Jul 21, 2016 • 29 Comments New Opportunities for “America’s Most Corrupt Bank.”
Which European Bank is Most Exposed to Fallout in Turkey? by Don Quijones • Jul 19, 2016 • 4 Comments Shaky banks doubled down on Emerging Market bets that are now souring.
How & by How Much Big Pharma Fools Investors by Wolf Richter • Jul 16, 2016 • 22 Comments A scheme we call “consensual hallucination.”
This is What’s Cannibalizing the US Economy by Wolf Richter • Jul 15, 2016 • 72 Comments The sector is booming, but it’s a costly boom.
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
UK Pound Collapses, Nikkei, European Futures Crash, Oil Dives, Gold & Bonds Soar as Brits Choose “Leave” by Wolf Richter • Jun 24, 2016 • 108 Comments Bookies turn into goofballs as financial carnage breaks out.
From Investment-Grade to Bankruptcy in 4 Months: Why Ratings Agencies are Still a Joke by Wolf Richter • Jun 21, 2016 • 32 Comments Whom are they trying to fool?
US Freight Drops to Worst May since 2010 by Wolf Richter • Jun 20, 2016 • 26 Comments Goods economy sinks, drags down trucking & railroads.
Share-Buyback Announcements Plunge, Stocks Risk Getting Clocked by Wolf Richter • Jun 20, 2016 • 28 Comments Who’s going to replace that “relentless bid?”