Spain’s Banks Openly Flout the Law Like Never Before by Don Quijones • Jan 21, 2017 • 17 Comments They’re apparently powerful enough to get their way.
World’s Worst Tax Haven Threatens to Expand its Operations by Don Quijones • Jan 18, 2017 • 25 Comments “What they sell is escape: from the laws, rules, and taxes of jurisdictions elsewhere, with secrecy as their prime offering.”
How Trump Could Unwittingly Gut Boeing’s Global Business by Wolf Richter • Jan 16, 2017 • 94 Comments Other US companies are equally vulnerable.
Nuclear Energy Sector Turns in Taxpayer-Sinkhole by Leonard Hyman and Willian Tilles • Jan 15, 2017 • 23 Comments Given the difficulty of accurately gauging nuclear capital expense, how can we infer if these enterprises can ever be profitable?
From One Scam to Another: How Banks in Spain Intend to “Compensate” 1.4 Million Fleeced Homeowners by Don Quijones • Jan 14, 2017 • 33 Comments “Poisoned offers” to settle, backed by the government.
UBS Warns: Spain’s “Most Italian Bank” Runs Out of Options by Don Quijones • Jan 11, 2017 • 8 Comments The bank-bailout business rages on.
Who Exactly Benefits from Italy’s Ballooning Bank Bailout? by Don Quijones • Dec 30, 2016 • 40 Comments All these events conform to a well established script.
Bank Bailout Balloons, Tab for Italian Banking Crisis Soars by Wolf Richter • Dec 27, 2016 • 31 Comments Over the Christmas holidays when no one was supposed to pay attention, the bailout costs of Monte dei Paschi, third largest bank in Italy, soared 75%!
Bundesbank Hauls its Gold back from New York & Paris Faster than Planned by Wolf Richter • Dec 25, 2016 • 59 Comments A “trust-building” measure after a huge hullabaloo about the missing gold.
A New Crisis Is Brewing in Spain by Don Quijones • Dec 24, 2016 • 17 Comments The government raided the state pension fund. And now what?