Margin Debt, Backed by Enron-Déjà-Vu Steinhoff Shares, Hits BofA, Citi, HSBC, Goldman, BNP by Wolf Richter • Dec 19, 2017 • 57 Comments “Shadow margin” is a hot business for brokers. Now they lick their wounds.
Peak Bitcoin Media-Mania Yet? by Wolf Richter • Dec 11, 2017 • 105 Comments In ten practically funny pictures.
Enron Déjà Vu? Citi, BofA, HSBC, Goldman, BNP on the Hook as Steinhoff Spirals Down by Wolf Richter • Dec 8, 2017 • 55 Comments $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come.
What’s Uber Really Worth? 30% Less, says SoftBank’s Offer by Wolf Richter • Nov 27, 2017 • 16 Comments But here’s how they’ll pull a bag over the public’s head about Uber’s “valuation” mirage for the IPO.
The Corporate Earnings Fiction in Q3 by Wolf Richter • Nov 19, 2017 • 52 Comments The Biggest Sinners in the Dow.
Wall Street Discovers the Brick-and-Mortar Meltdown by Wolf Richter • Nov 16, 2017 • 60 Comments Oh Lordy.
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How by Wolf Richter • Nov 7, 2017 • 68 Comments This is where hype (and money) goes to die.
Record Surge in Riskiest Loans Fattens Wall Street Banks by Wolf Richter • Oct 30, 2017 • 22 Comments Crackdown efforts by bank regulators are put on hold.
