Cisco Buys 45th Company in 5 Years, Revenues Still Stagnate by Wolf Richter • Jan 26, 2017 • 46 Comments Have Cisco’s Financial Engineers Gone Nuts?
Judge Reveals Shady Side of Crushed Aetna-Humana Merger, Banks to Lick their Wounds, Aetna to Get Pummeled by Wolf Richter • Jan 24, 2017 • 29 Comments Why these mega-mergers? Fees, egos, and pricing power.
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.”
Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets by Wolf Richter • Jan 11, 2017 • 60 Comments The circuitous hidden wonders of paying interest on “excess reserves.”
What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral” by Wolf Richter • Jan 10, 2017 • 18 Comments Circular firing squad? But bank stocks have soared for three months.
Evictions by Wall-Street Mega-Landlords Soar, Financialization of Rents Cause “Housing Instability”: Atlanta Fed by Wolf Richter • Jan 7, 2017 • 106 Comments It blames the Fed & Bernanke; the dark side of “healing” the housing market.
Bundesbank Hauls its Gold back from New York & Paris Faster than Planned by Wolf Richter • Dec 25, 2016 • 59 Comments A “trust-building” measure after a huge hullabaloo about the missing gold.
IPOs Have Worst Year since 2003, and the Dow is at 20,000? by Wolf Richter • Dec 20, 2016 • 41 Comments There’s only one thing that has pumped up this market.
What the Heck’s Happening to Our Share Buyback Boom? by Wolf Richter • Dec 20, 2016 • 34 Comments Going down the drain, putting this wondrous stock market at risk?