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.
What Will Prick the “Leveraged Share Buyback” Craze? by Wolf Richter • Jan 20, 2017 • 34 Comments Fitch Gets Nervous.
Sear’s Bankruptcy, Who Gets the Real Estate, and How the Pension Fund Got Hung Out to Dry Invade Mnuchin’s Senate Confirmation Hearing by Wolf Richter • Jan 20, 2017 • 94 Comments “You were a Director at Sears for 12 years where you had oversight over the administration and investment in the pension fund.”
Treasuries Got a Break. Now Beatings Resume until the Mood Improves by Wolf Richter • Jan 19, 2017 • 32 Comments So what would Yellen do?
Toshiba Shares Re-Collapse – the US Fiasco by Wolf Richter • Jan 19, 2017 • 22 Comments It would be comic if the facts behind it weren’t so ugly.
China’s Holdings of US Treasuries Plunge at Historic Pace by Wolf Richter • Jan 18, 2017 • 49 Comments A toxic trifecta for bondholders.
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.”
The Dollar, “the Most Crowded Trade,” Gets Less Crowded by Wolf Richter • Jan 18, 2017 • 33 Comments That trade was just waiting to unwind.
Inflation Gets Real (Not Just Nominal) in Argentina by Bianca Fernet • Jan 17, 2017 • 15 Comments A collective reckoning? A painful but unavoidable come-to-Jesus moment? Or continuing down an inflationary spiral?
Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.
