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.
The Chilling Thing Wal-Mart Said about Financial Engineering by Wolf Richter • Oct 14, 2015 • 33 Comments Once financial engineering fails, all bets are off.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
