Investor Fears Spike as Italy (and the EU) Inch Closer to Doomsday Scenario by Don Quijones • Jul 4, 2016 • 60 Comments Risk of contagion in Italy and far beyond would be huge.
As Fears of “Bank Run” Escalate, Italian Banks Get €150 Billion Bailout of Empty Promises by Don Quijones • Jun 30, 2016 • 12 Comments An elaborate confidence game.
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks by Wolf Richter • Jun 27, 2016 • 73 Comments The banking crisis jumps to the next level.
Brexit Blowback Hits Italian and Spanish Banks by Don Quijones • Jun 25, 2016 • 21 Comments Worst Day for Italian & Spanish stocks. Banks massacred.
Day of Reckoning for Banks in Italy, Spain, & Portugal Kicked Down the Road (Elegantly) for 18 Months by Don Quijones • Jun 18, 2016 • 31 Comments Past a possibly messy Brexit & elections in France and Germany.
Italy’s Banking Crisis Spirals Elegantly out of Control by Wolf Richter • Feb 14, 2016 • 43 Comments How to dump toxic waste on the pubic through the backdoor.
Whiff of Panic? Global Bear-Market Progress Report by Wolf Richter • Feb 8, 2016 • 39 Comments Watch the banks.
Who Gets to Pay for the Italian Banking Crisis? by Don Quijones • Jan 27, 2016 • 11 Comments The missing capital buffer.
This Could Sink Banks in Greece, Portugal, Spain, and Italy by Wolf Richter • Apr 7, 2015 • 13 Comments It’s the competition folks – not the bank regulators. And they have real teeth.
S&P Wakes Up, Cuts Italy to One Notch Above Junk, Economy Sinks into Terrific Mess by Wolf Richter • Dec 5, 2014 • 3 Comments But no worries, the ECB’s desperate backdoor bailout keeps Italy afloat.