“Bail-In” Era for Europe’s Banking Crisis Begins by Don Quijones • Jun 7, 2017 • 91 Comments Many Banco Popular investors wiped out. Taxpayers off the hook. What it means for Italy.
Shock Waves Spread from Spain’s New Banking Crisis by Don Quijones • Jun 3, 2017 • 44 Comments Has the time finally come to test the EU’s bail-in law?
Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale by Don Quijones • May 29, 2017 • 7 Comments Spain’s sixth largest bank “itself cannot at this point make a rough calculation” of what its value is, “and if they can’t, neither can we.”
Catalonia Threatens Spain with “Financial Bloodbath” by Don Quijones • May 24, 2017 • 85 Comments Catalonia’s independence would set off Spain’s debt time-bomb.
The Backlash to Spain’s New Property Boom Has Begun by Don Quijones • May 16, 2017 • 11 Comments When locals can’t afford to live there anymore.
Hit by Run on Deposits, Banco Popular Denies it’s Looking for Rushed Takeover to Avert Collapse by Don Quijones • May 12, 2017 • 26 Comments Spain’s 6th largest bank: “We have liquidity until the end of the year.”
Spain’s Government Presses Property-Bubble Rewind Button by Don Quijones • May 6, 2017 • 20 Comments Taxpayer-funded subsidies to benefit banks, real estate agencies, construction companies, PE firms, and landlords.
Corruption Scandals already Trip Up Spain’s New Government by Don Quijones • Apr 26, 2017 • 8 Comments If the Prime Minister is made to testify, all bets are off.
Just How Safe is Spain’s Banking System? by Don Quijones • Apr 23, 2017 • 10 Comments Investment bank Mediobanca warns of “clear risk of contagion.”
Is Barcelona’s Crazy Tourist Boom Too Much of a Good Thing? by Don Quijones • Apr 16, 2017 • 56 Comments It brings buckets of money, but what are the consequences?
