Nick Corbishley

Who’ll Rescue Thomas Cook, the Collapsing Vacation-Travel-Airline Giant with 21,000 Employees?

Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?More

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Contagion from Liquidity Crunch at Junk-Bond Funds to Trigger “Material Second Round Effects”: EU Securities Regulator

The costs of dodging negative interest rates.More

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These Incidents Raise New Questions about the Security and Operability of the Banking System in Mexico

For now, it’s deny, deny, deny.More

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Bank of Mexico Raises Alarm About Mexico’s Economy

“Particularly worrisome” is that this slowdown “has taken place in a context where the US economy is growing above potential.”More

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Woodford’s Shuttered Fund Crushed Further by Plunging Stocks in its Holdings, such as Muddy-Waters Target Burford Capital

Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the windMore

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Liquidity Crunch Mangles UK Equity & Real Estate Funds

Exodus from funds with illiquid assets forces more funds to block redemptionsMore

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HSBC Runs into Buzzsaw in Hong Kong & China, its Home Market Generating 75% of its Profits

HSBC’s pleas of innocence have won little sympathy in BeijingMore

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Argentina Crisis Slaps Foreign Banks & Companies Operating in the Country

Peso collapse and inflation force Spanish companies and banks — second largest investors in Argentina, behind US companies — to tally their losses.More

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One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed

This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.More

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Investor Sentiment Goes to Heck After Draghi’s Easing Promise

Bitter irony: As Draghi’s term is about to end, investor expectations plunge to where they’d been when he made his “whatever it takes” speech in 2012.More

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