When central banks distort the markets, risk disappears from view.
Markets have a way of blowing this type of consensus out of the water.
When it gets too complicated for senior auditors, send in a “college-aged intern.”
As banks pull back from mortgage lending amid inflated prices and rising rates, “shadow banks” have become very aggressive.
“Right after the company tells the market the stock is cheap, executives overwhelmingly decide to sell.”
There’s unconfirmed speculation JPMorgan may have been granted immunity as the whistleblower.
The old question: When will she buckle?
The trend is becoming clear.
HSBC makes it official.
It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.