App-Maker Unicorn Tries to “Disrupt” Residential Real Estate by Melissa Terzis • Oct 3, 2016 • 33 Comments The idea didn’t include anyone in real estate.
I’m in Awe of How Fast Deutsche Bank is Falling Apart by Wolf Richter • Sep 29, 2016 • 99 Comments Counterparties are losing confidence, withdraw cash.
The Loophole for Deutsche Bank’s Bailout: Game almost Over? by Don Quijones • Sep 29, 2016 • 54 Comments Everyone is denying everything.
Wells Fargo Getting Clocked by California: What, No Perp-Walk? by Wolf Richter • Sep 28, 2016 • 41 Comments No bank is “so powerful as to be untouchable.”
Deutsche Bank in Free Fall. Shares, CoCo Bonds Plunge. Merkel Gives Cold Shoulder on Bailout. Bank Denies Everything by Wolf Richter • Sep 26, 2016 • 54 Comments When will she buckle?
Time to “Be Alarmed” about Emerging Market Debt: UN by Don Quijones • Sep 22, 2016 • 16 Comments The potential to unleash the “third phase” of the Global Financial Crisis.
Italian Banking Crisis Turns into Mission Impossible by Don Quijones • Sep 17, 2016 • 29 Comments With a stagnating economy, even supposedly good debt on banks’ books may end up putrefying.
Deutsche Bank’s CoCo Bonds Speak of Fear of the Worst by Wolf Richter • Sep 16, 2016 • 24 Comments For profitable, well-capitalized banks not teetering on the brink, big fines are a slap on the wrist. But these three conditions don’t apply to Deutsche Bank.
“Tech” Paid $5 Billion in Fees to Wall Street in 2016, and Look What it Got for it by Wolf Richter • Sep 8, 2016 • 27 Comments Most often it just leads to more shut-downs, write-offs, and layoffs.
How a Small-ish Stock Market Swoon Might Unleash the Next Credit Nightmare by Wolf Richter • Sep 3, 2016 • 29 Comments The number of “weakest link” companies worst since October 2009.