default – Page 7 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Banks run into ownership problems in collecting on credit card debt

Ireland: in the land of the blind the one-eyed man is king

Why bank bonds are sitting ducks in the next downturn

Rajoy’s humiliating defeat to Merkel narrows options to sovereign bailout, monetisation or default for Spain

Why Germany cannot save the euro

Weekly: Moving to disorderly breakup as base case

Chart of the day: Spain enters top ten for government default risk

Ray Dalio on Deleveraging

Pushback on the imminent Grexit meme

Spain’s nationalisation plan won’t work as the banking system is insolvent