Why the “Stubborn Persistence of Optimism” by Stock Analysts? by Wolf Richter • Mar 20, 2016 • 33 Comments “What do you think investors on Wall Street most underappreciate about Valeant?” – Morgan Stanley analyst to CFO on eve of implosion.
How Wall-Street Financial Engineering Vaporized Valeant by David Stockman • Nov 2, 2015 • 13 Comments In the US alone, another $15 trillion of bottled air is waiting to be released.
Wall Street is Running out of Time… and Money by Bill Bonner • Aug 19, 2015 • 18 Comments It’s Not Just China You Should Be Worried About.
