Unlike the New York Fed yesterday, ZEW named names and pointed fingers.
The plan: Take out mid-sized banks to create a “bipolar” industry of large and small banks, and a lot less competition.
Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
Three companies to control 60% of the world’s seed and pesticide markets.
But to no avail for its crushed shares.
One of Germany’s largest companies is trying to buy Monsanto, which changes everything.
“These things can go on for a long time — until they can’t…”
Oh the irony: EU capitals are trying to attract the very institutions that caused some of the worst financial scandals of the last ten years.
Even after all the WannaCry hoopla in May. US companies too!