Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
Daily CallerThe pop that wasn't: Life after Facebook's IPODaily CallerFacebook served as the grand finale for a crop of big-name Internet IPOs in the past year or so.Facebook IPO Prompts Call by Issa for SEC Review of RulesBusinessweekFacebook&…
Customers of Spanish banks still have reason to worry about the solvency of their banks — and their country — making it reasonable for them…
By Ambrose Evans-Pritchard Europe has lit the fuse on an economic and financial bomb. The rescue package for Spain cannot plausibly be contained to €100bn once it…
The IPO Buzz: Double Whammies And A DroughtSeeking AlphaThe IPO market was hit with double whammies that dried up the calendar. But somewhere in time, there is a light at the end of the tunnel. The most obvious whammy was the Facebook (FB) train wreck….
By Roger Bootle Recent signs of global economic weakness have caused me to muse on the comparison between the world economy now and during the…
The sad story of North Lost Wages, Nevada, is an example of why the “shadow inventory” issue is a toothless bogeyman for the US as…
As developments in the Eurozone veered from bad to awful, with Greece on the brink and Spain getting closer, Switzerland, a speck with 7.9 million people surrounded by turmoil, is bracing itself, according to the President of the Swiss National Bank a…
Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros…
Does JPMorgan's Derivatives Fiasco Portend the Collapse of Crude Oil and …Huffington PostAccording to The Wall Street Journal, JPMorgan's losses on what has been reported as big directional bets on credit derivatives, but never fully disclose…