Mega-Banks Blow 100% of Earnings on Share-Buybacks & Dividends, Crimp Lending, Constrain Economy by Wolf Richter • Aug 2, 2017 • 94 Comments “Real economy has little to gain, and much to lose”: FDIC’s Hoenig to Senate.
It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Jul 29, 2017 • 90 Comments New scandal: another 570,000 (800,000?) customers become victims.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Risk has been Abolished, According to Institutional Investors by Wolf Richter • Jul 26, 2017 • 47 Comments Why? Wall Street sells “more financial products and generates more profits when investors are bullish.”
Another Former $2-Billion Startup Gets Rolled Up by Wolf Richter • Jul 19, 2017 • 68 Comments Investors who bought the hype are left holding the bag.
$2-Billion Private Equity Fund Collapses to almost Zero by Wolf Richter • Jul 17, 2017 • 68 Comments Worst PE-fund collapse ever. The oil bust just keeps on giving.
VISA takes its War on Cash to US Retailers by Wolf Richter • Jul 12, 2017 • 158 Comments Forget “legal tender.”
Is This a Contrarian Buy Signal for the Commodities Bust? by Wolf Richter • Jul 9, 2017 • 52 Comments Here’s how commodities fared in the first half (lean hogs up 43%?)
Brick-and-Mortar Meltdown in June: Who Got Crushed? by Wolf Richter • Jul 5, 2017 • 77 Comments The private-equity protocol of asset stripping bears fruit.
“Investors Are Being Swindled”: Canadian Accountants Slammed by Contributor • Jul 3, 2017 • 59 Comments People “mistakenly believe their pension plans, mutual funds, and other investments are safeguarded.”
