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Financial Exposure Worse Than Thought At Italian Bank
Article By: Mike Campbell
Wednesday, December 28, 2016 11:27 AM EDT
Monte dei Paschi is thought to be the world’s oldest surviving banking business.
In this article: BMDPF
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Monte Dei Paschi The Zombie
Article By: TheoTrade
Friday, December 23, 2016 4:00 AM EDT
The day the zombie bank Monte Dei Paschi is rescued is finally upon us. The bank tried to raise 5 billion Euros through the private market but failed. The bondholders’ debt for equity swap only netted the bank 2.45 billion Euros.
In this article: BMDPF, EWI
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Market Talk – Wednesday, Dec. 21
Article By: Martin Armstrong
Wednesday, December 21, 2016 6:00 PM EDT
Yesterday's strong US close encouraged a positive performance for Asia with even Asian dealers questioning whether the Dow is close 2016 over the psychological 20k level.
In this article: CYB, SPX, DJI, BMDPF, GLD
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The Italian Banking Crisis: No Free Lunch – Or Is There?
Article By: Ellen Brown
Wednesday, December 21, 2016 5:04 PM EDT
The biggest banks are always rescued, no matter how negligent or corrupt, because, in our existing system, banks create the money we use in trade.
In this article: EWI, EZU, BMDPF
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Opportunities For Investors In The Energy Sector
Podcast By: Cory Fleck
Wednesday, December 21, 2016 4:55 PM EDT
We believe that energy prices have bottomed and should continue a slow rise through next year.
In this podcast: OIL, UNG Also: BMDPF, URA
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