Bailouts
Wells Fargo Employees Still Know How To (Fraudulently) Gussy Up An Application
And like some of their bad apple brethren are thusly former Wells Fargo employees now.
Jamie Dimon’s Minions Have Been Keeping Busy
Several hundred of them on projects unrelated to JPMorgan Chase, but you’ve got to admire their gumption and ability to fill out forms.
‘Ineligible For PPP’ Has As Much Meaning To Hedge Funds, Private Equity Firms As ‘Alpha’
Alts shops sure got a whole lot of money they allegedly aren’t entitled to.
Jay Powell Is Making It Up As He Goes Along
This is a less reassuring statement than he probably thinks.
Germany, German Instrument Of Regional Dominance Having A Slight Disagreement
If the Germans want to put the brakes on the ECB, they’ll have to use EU courts, sayeth the latter.
Lawsuit: Banks Using Stimulus Money To Stimulate Their Relationships With Top Customers
Others need not apply. Or, they can, but expect that application to get lost in a mountain of paperwork.
Serial Bummer Jay Clayton Takes The Fun Out Of Coronavirus Bailouts
The first rule of bailout money is: Talk a lot about what you’re doing with your bailout money.
Man Who Made $31.5 Million Last Year Still Not A Fan Of Socialism
Comrade Sanders is threatening to erode society, by which Jamie Dimon presumably means his $1.7 billion (and growing!) fortune.
Softbank Paying Adam Neumann $1.7 Billion To Just Please Stop Elevating The World's Consciousness
Masa Son remains clearly determined to make Neumann look like a transformative business genius.
Frankenstein Reportedly Nearing Deal To Rescue His Monster At A Sub-$8 Billion Valuation
SoftBank is ready to admit that it needs WeWork to survive.
That 100-Year Argentine Bond Not Looking So Great Now
Paul Singer would be happy to take it off your hands for a few cents on the dollar, though.
If He Had To Do It Over Again, Neel Kashkari Would Blow It All Up
The bailer-outer in chief has become a Bernie-fide bomb-thrower.
Wolfgang Schäuble’s Swimming In Prosecco
“Things have gone very well in Italy?” What have you done with the real German finance minister?
Unending Greek Nightmare Produces New Form Of Psychosis
Although it is nice to have something we can rely on.
Creditors Not Done Shoving A Hot Poker Up Greece's Ass
When Germany says 'bend over,' you say 'how far'.
New Bailout Talks Delayed So Creditors Can Find A Secure Location Out Of View Of Greeks Who Hate Their Guts
The mission is proving difficult.
Hank Greenberg: First Horseman Of Financial Apocalypse
Did Greenberg's victory kill bailouts for good? Very possibly!
Bloomberg: Hank Greenberg Has Always Been, Will Always Be Ornery Old Man (Unless You're A Fluffy White Dog)
Don't get too close, this one bites.
Moody’s: You Can Count On Future Bailouts
Moody’s, is taking the recent financial crisis it may or may not have borne any responsibility for seriously...in one respect.
Things Greek Finance Minister Yanis Varoufakis Isn't Sweating Right Now: Getting A Deal Done With Creditors, Getting Invited To The Euro-Area Fin-Min Potluck Dinner
Most people would be freaking the f*ck out. Yanis Varoufakis isn't most people.
Rand Paul Officially Wants to Be President of The United States of Everywhere But Wall Street
Oh man, he hates you finance people a whole lot.