Autopsy of Banco Popular Shows Fragility of EU Banking System by Don Quijones • Jun 29, 2017 • 25 Comments What would a disorderly bank collapse in Spain and Italy have done?
“Tightening” Slugfest Erupts behind the Fed by Wolf Richter • Jun 28, 2017 • 79 Comments July rate hike for Canada is “in the bag.” Bank of England, ECB are scrambling.
These Large Companies, Still Using Unpatched or Bootleg Windows, Got Hit by Petya Ransomware Attack by Wolf Richter • Jun 27, 2017 • 75 Comments Even after all the WannaCry hoopla in May. US companies too!
Airbnb Just Made Itself Even More Unpopular in Barcelona by Don Quijones • Jun 26, 2017 • 52 Comments Organized criminals from Russia are subletting apartments to tourists, as locals struggle with soaring rents.
Contagion from the 2 Friday-Night Bank Collapses in Italy? by Don Quijones • Jun 25, 2017 • 75 Comments This is how desperate the Italian Banking Crisis has become.
Two Italian Zombie Banks Toppled Friday Night by Wolf Richter • Jun 23, 2017 • 75 Comments ECB Shuts Down Veneto Banca and Banca Popolare di Vicenza.
EU Political Class Rides Roughshod over Citizens’ Concerns & Frustrations as it Pushes Integration by Don Quijones • Jun 22, 2017 • 36 Comments Even the “elite” is not totally on board.
German Politicians Hammer the ECB, But Only to Get Votes by Don Quijones • Jun 18, 2017 • 34 Comments They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.
Fear of Contagion Feeds the Italian Banking Crisis by Don Quijones • Jun 16, 2017 • 40 Comments At first, deny, deny, deny. Then taxpayers get to bail out the bondholders.
Is Another Spanish Bank about to Bite the Dust? by Don Quijones • Jun 10, 2017 • 29 Comments Liberbank’s stockholders and junior bondholders fear a “bail-in.”