The State of the American Debt Slaves, Q1 2018 by Wolf Richter • May 8, 2018 • 98 Comments After the party, the hangover.
Fight for Deposits Erupts among Banks, with Winners & Losers by Wolf Richter • Apr 29, 2018 • 52 Comments But it’s a godsend for savers.
I Asked my Wells Fargo Branch about CDs with Higher Interest Rates. This is What Happened Next by Wolf Richter • Apr 27, 2018 • 96 Comments Competition for cash returns for the first time in 9 years, and banks hate it.
Another Big Retailer Gets Liquidated by Wolf Richter • Apr 18, 2018 • 53 Comments Retailers in bankruptcy are notoriously hard to restructure.
Why Aren’t Big Banks Paying Higher Interest Rates on Deposits though Rates Have Surged? by Wolf Richter • Apr 15, 2018 • 54 Comments Well, they do pay higher rates, but not to their own clients.
How Much Are Banks Exposed to Subprime? More than we Think by Wolf Richter • Apr 11, 2018 • 49 Comments Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to.
World’s Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason by Don Quijones • Apr 4, 2018 • 34 Comments For a prisoner exchange between Switzerland and Spain?
What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time? by Wolf Richter • Apr 2, 2018 • 65 Comments It’ll take many more sell-offs and the collapse of many more iffy stocks before this over-enthusiasm, after nine years of central bank nurturing, is finally wrung out of the market.
Brick & Mortar Retail Meltdown, March Update by Wolf Richter • Apr 2, 2018 • 63 Comments And private equity firms are at the helm.
PE Firm Cerberus Capital’s “Rollup” Collapses into Bankruptcy by Wolf Richter • Mar 26, 2018 • 67 Comments Bankruptcy becomes an increasingly common “exit.” And the pension obligations?
