Short-sellers have a field day with Spain’s “Most Italian Bank.”
The growing pile of bailed-out, newly crushed European banks.
Who Will Be the Bag Holders?
With attention riveted on the disintegration and “rescue” of Italy’s banks, other crises go unnoticed, including the gathering problems in government-less Spain.
There’s a pervasive sense of inevitability to Italy’s banking crisis.
Shaky banks doubled down on Emerging Market bets that are now souring.
Wealth redistribution in progress.
The shares of Banco Popular got crushed.
“Europe is caught in a trap.”
“Very serious threat … to Spain’s entire mortgage market”: Moody’s