Miracle Man (Who Invented Off-Balance-Sheet Financial Engineering that’s still Sinking Companies Today) by Contributor • Sep 28, 2014 • 4 Comments Ivar Kreuger was a financial genius. But his innovations sank his empire of monopolies, as they would Enron, Bear Stearns, Lehman….
BofA Merrill Lynch: the Four “Canaries in the Coalmine” Died by Wolf Richter • Sep 26, 2014 • Comments Off on BofA Merrill Lynch: the Four “Canaries in the Coalmine” Died They indicate “an inflection point,” as they did in 2008 and 2011. Even relentlessly exuberant VCs are warning.
What Are Corporate Insiders Seeing that Makes them Dump their Shares Like This? by Wolf Richter • Sep 23, 2014 • 8 Comments In the past, they were early, but they were right.
They Do Ring A Bell At The Top: Alibaba Proves Wall Street Is Off Its Rocker by David Stockman • Sep 22, 2014 • 6 Comments The Chinese behind Alibaba didn’t even have to tap their home market.
EU Caves to Powerful, Scandal-Infested Finance Paradise, the City Of London by Don Quijones • Sep 21, 2014 • 2 Comments Expect further debt crises, bank collapses, bailouts, and bail-ins.
The Party Has Gotten out of Hand Thanks to the Fed’s Free Booze. Time to Look for the Car Keys by Bill Bonner • Sep 17, 2014 • 6 Comments This is not to say that it won’t go on longer or won’t get wilder. There are already people with lampshades on their heads. And girls are dancing on the tables.
CEOs Darken Outlook, Slash Hiring and Cap-Ex Plans – Hope Now Focused on Share Buybacks (which just Plunged) by Wolf Richter • Sep 17, 2014 • 5 Comments The word “gloomier” inconveniently shows up to describe CEOs’ outlook.
‘Excessive Amounts of Capital’ Doom Startup Bubble by Wolf Richter • Sep 16, 2014 • 1 Comment Even venture capital is worried. ‘The crazier things get, the worse people execute’
Algos Saved the Day, but What if They Turn Bearish? by Wolf Richter • Sep 11, 2014 • 5 Comments The spike came with no trader buzz. The buying was all electronic and instantaneous. But what will algos do when momentum flips?
‘Smart Money’ Unloads, Sits on Cash, Waits for Stocks to Swoon by Wolf Richter • Sep 10, 2014 • 3 Comments LBO volume plunges to the lowest level since crisis year 2009.
