The banking lobby and the ECB will have a cow.… Read More Italy Guns For Glass-Steagall-Type Law to Break Up Banks, Cut Bailout Costs for Taxpayers
“Operation Overlord.”… Read More Will Italy’s Banking Crisis Spawn a New Frankenbank?
Just don’t mention “Antonveneta”… Read More Could Italy’s Banking Crisis Drag Down Draghi?
At first, deny, deny, deny. Then taxpayers get to bail out bondholders… Read More Fear of Contagion Feeds the Italian Banking Crisis
All these events conform to a tired, old script. … Read More Who Exactly Benefits from Italy’s Ballooning Bank Bailout?
Quixotic delusions are as rampant as ever at the loftiest heights of Brussels’ ivory towers. Either that, or things are now so serious that lying is the only tactic left available to their occupants.… Read More So Who Gets to Pay for Italy’s Banking Crisis?