One Sole Aim: “Steal Away” Global Finance from London by Don Quijones • Mar 21, 2017 • 21 Comments Just How Low Can European Governments Go in Post-Brexit Courtship of Financial Firms?
Deepening EU Banking Crisis Meets Euro-TARP and Taxpayers by Don Quijones • Mar 17, 2017 • 39 Comments If the ECB scales back stimulus, banks face even greater risk of collapse. But now there’s a new solution.
Is that Desperation Hanging Over Europe’s Banking System? by Don Quijones • Feb 25, 2017 • 41 Comments Turns out, Italy’s banking crisis is not fixed.
Biggest EU Banks Embark on the Mother of All Debt Binges by Don Quijones • Feb 14, 2017 • 13 Comments A hot new bail-in-able debt cooked up by financial engineers in France.
Italy’s Banking Crisis Is Even Worse Than We Thought by Don Quijones • Feb 8, 2017 • 33 Comments The insider blame game has begun.
What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know by Wolf Richter • Feb 7, 2017 • 47 Comments It’s the closest the Eurozone has come to falling apart.
Italy’s “Bad Banks,” Created to Save the Financial System, Are Themselves on Verge of Collapse by Don Quijones • Feb 4, 2017 • 33 Comments “The €20 billion the government set aside is starting to look like small beer.”
Is Italy’s Banking Problem Becoming Too Big to Solve? by Don Quijones • Jan 30, 2017 • 35 Comments They said it was contained, but now it hit the largest bank.
Who Exactly Benefits from Italy’s Ballooning Bank Bailout? by Don Quijones • Dec 30, 2016 • 40 Comments All these events conform to a well established script.
Bank Bailout Balloons, Tab for Italian Banking Crisis Soars by Wolf Richter • Dec 27, 2016 • 31 Comments Over the Christmas holidays when no one was supposed to pay attention, the bailout costs of Monte dei Paschi, third largest bank in Italy, soared 75%!