Creditors Stumble into New Black Hole at Energy Giant Abengoa by Don Quijones • May 10, 2016 • 32 Comments Accounting tricks come home to roost.
What’s Booming in this Economy? Bankruptcy & Restructuring Business “Highest Since Great Recession” by Wolf Richter • Feb 8, 2016 • 10 Comments “Up over 25% from one year ago.”
Spain’s Biggest Bankruptcy Ever Hits Banks, Mexico, Brazil, Descends into Bitter Farce by Don Quijones • Dec 15, 2015 • 12 Comments “The big surprise was that negative profits were converted into positives.”
We’re in the Early Stages of Largest Debt Default in US History by Contributor • Nov 10, 2015 • 11 Comments The Next Debt-Clearing ‘Super Cycle’ Starts Now.
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?
It’s Happening: Debt Is Tearing up the Fracking Revolution by Wolf Richter • Jul 21, 2015 • 14 Comments Running out of cash.
