Private-equity firms don’t have to wait for IPOs to cash in on their portfolio companies. They can simply direct those companies to pay them big dividends using borrowed money.

by SpontaneousDisorder   Got the title from this tweet And if you’re paywalled…………… The emergence of racier high-yield bond deals in Europe may be pointing to a market that’s reaching … Read more

Deutschebank, Derivatives, and Dominos: The global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes.

by axolotl_peyotl The wheelings and dealings of the global financial institutions are finally catching up with the perpetrators of this financial depravity. These “banks” (aka money laundering operations) have created quadrillions … Read more