www.bloomberg.com/news/articles/2021-03-29/credit-suisse-flags-potential-significant-loss-from-hedge-fund The article is linked above, we should dig more into this as news comes out and find out the exact causes. Apparently 20B in shares had to be
Via Oriental Review, There is a dual Italian crisis brewing in the European Union. On the one hand, it is a political, or even geopolitical, crisis. Italy is undermining the unity
via Bloomberg: Wall Street banks and hedge funds are closing in on a fix that they hope will clean up an $8 trillion portion of the derivatives market that’s gained
It’s all by design, we all knew their agenda if Trump won so they will not be stopped unless this country on a whole repents and turn their lives over
via theverge: Comcast left customers of its Xfinity Mobile phone service vulnerable to hacks and identify theft by setting the default PIN codes of its accounts to “0000,” making it easy
by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong
by JanssenReportHost As the global debt crisis keeps expanding, a new interest-free currency was launched in the Netherlands on September 22nd 2016: De Florijn. “UN fears third leg of the global
from Jason Hartman’s Creating Wealth Jason Hartman and Doug take today’s episode as a chance to look at some key happenings in our world today. By now you’ve heard Jason discuss
via scmp: Midway into January five Chinese companies are already likely to default on 3.5 billion yuan (US$446.25 million) worth of debt Beijing Kang Dexin Composite Material tumbled 10 per cent
via MarketWatch: PG&E’s bankruptcy would result in a default of $17 billion of its bonds If Pacific Gas & Electric Co. follows through with its bankruptcy announcement, the country’s
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001. “PG&E remains committed to providing safe natural gas
via Forbes: When Oracle rolled out its Autonomous Database earlier this year, Executive Chairman and CTO Larry Ellison thought the biggest selling point would be that it eliminates the cost of human
via 13d: On a personal level, political and macroeconomic level, there are few questions with more significant implications for Americans. The following article was originally published in “What I Learned This
Libor hits decade high pic.twitter.com/QluHNk7jNk — Alastair Williamson (@StockBoardAsset) November 7, 2018 A Worldwide Debt Default Is A Real Possibility Is debt good or bad? The answer is “Yes.” Debt
Greg Hunter gives the Weekly News Wrap-Up for Friday, October 19th, 2018 The stock and bond markets look like they are wobbling and signaling a warning. One day the stock market is up
via Bloomberg: While Wall Street and U.S. President Donald Trump tout news of a booming stock market and low unemployment, college students may be quick to roll their eyes. The improved economy