Reckless Stock-Market Leverage Intoxicates Politicians by Wolf Richter • Feb 15, 2015 • 7 Comments OK I get it, this is the Fed’s America. But what if it comes unglued?
This Is How HSBC Celebrates 150 Years of Banking Crime & Corruption: Happy Birthday by Don Quijones • Feb 11, 2015 • 4 Comments And HSBC still operates with full UK-government-sanctioned impunity.
Lies, Lies, Lies, and A Bubble in Burgers? by Bill Bonner • Feb 6, 2015 • 5 Comments The biggest challenge is to figure out what to laugh at first. So many frauds. So much nonsense. So little time.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Money Dries Up for Oil & Gas, Layoffs Spread, Write-Offs Start by Wolf Richter • Jan 16, 2015 • 12 Comments Years of wondrous Wall-Street engineering dissolve in reality.
Without QE, “Eurozone Financial Markets Would Collapse” by Wolf Richter • Jan 15, 2015 • 10 Comments French Megabank: the ECB is “a prisoner of financial markets’ expectations.”
How Wall Street Drove the Oil & Gas Drilling Boom That’s Turning into a Disaster by Wolf Richter • Jan 13, 2015 • 13 Comments “We are not panicking” – bank CEO.
Oil-Bust Bloodletting: Projects Cancelled, Layoffs Ripple to Other Areas, Default Hits Private-Equity and Pension Funds by Wolf Richter • Jan 7, 2015 • 10 Comments The “most reliable profit driver” has “abruptly turned sour.”
Oil-Bust Contagion Hits Hedge Funds, Supplier Layoffs Begin by Wolf Richter • Dec 30, 2014 • 8 Comments The toxic mix of financial engineering and an oil-price collapse.
How Asset Manager BlackRock Gave Me the Willies About 2015 by Wolf Richter • Dec 26, 2014 • 5 Comments “Financial instability” is a euphemism for “crash.”