I’m in Awe of How Fast Deutsche Bank is Falling Apart by Wolf Richter • Sep 29, 2016 • 99 Comments Counterparties are losing confidence, withdraw cash.
The Loophole for Deutsche Bank’s Bailout: Game almost Over? by Don Quijones • Sep 29, 2016 • 54 Comments Everyone is denying everything.
Wells Fargo Getting Clocked by California: What, No Perp-Walk? by Wolf Richter • Sep 28, 2016 • 41 Comments No bank is “so powerful as to be untouchable.”
Sinkhole City Chicago in Worse Fiscal Shape than Detroit? by Bill Bergman • Sep 28, 2016 • 42 Comments If the City of Chicago Were a Bank …
EU Banking Mayhem, One Bank at a Time, then All at Once by Wolf Richter • Sep 28, 2016 • 57 Comments Investors are not amused.
The Endpoint of Automation by James Murray • Sep 27, 2016 • 128 Comments For companies, it’s just a question of money.
“Negative Growth” of Real Wages is Normal for Much of the Workforce, and Getting Worse: New York Fed by Wolf Richter • Sep 27, 2016 • 110 Comments And the fate of the consumption-based US economy?
Small Banks Must Go: Megabank-Meister Draghi by Don Quijones • Sep 26, 2016 • 40 Comments Pushing to control a larger slice of the EU’s financial pie.
Deutsche Bank in Free Fall. Shares, CoCo Bonds Plunge. Merkel Gives Cold Shoulder on Bailout. Bank Denies Everything by Wolf Richter • Sep 26, 2016 • 54 Comments When will she buckle?
In Miami Condo Glut, Preconstruction Resale Market Freezes up by Wolf Richter • Sep 25, 2016 • 26 Comments Over 7 years of supply.