ZeroHedge Archives - ׶Ƶ Know More. Risk Better.® Thu, 26 Aug 2021 12:47:54 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png ZeroHedge Archives - ׶Ƶ 32 32 Massive Dixie Wildfire To Strain California Fire Fund https://www.zerohedge.com/weather/massive-dixie-wildfire-strain-california-fire-fund#comment-stream#new_tab Tue, 10 Aug 2021 12:47:47 +0000 /?p=5300 Andy DeVries, a utility analyst for ׶Ƶ, said, “all it takes right now is one or two really big fires. Then that fund is already depleted. So far, about 900,000...

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]]> Andy DeVries, a utility analyst for ׶Ƶ, said, “all it takes right now is one or two really big fires. Then that fund is already depleted. So far, about 900,000 acres have been scorched by wildfires this year, more than triple the amount when compared to last year.

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]]> “Descending Into A Farce”: Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment https://www.zerohedge.com/markets/farce-chaos-erupts-after-stiffed-unicredit-bondholders-get-fat-fingered-payment#new_tab Wed, 26 May 2021 14:35:40 +0000 http://know.creditsights.com/?p=4361 “Even if it isn’t their fault, but of the depositary or fiduciary bank, the timing is very unfortunate,” said Paola Biraschi, an analyst at ׶Ƶ. “They already incurred some reputational damage...

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]]> “Even if it isn’t their fault, but of the depositary or fiduciary bank, the timing is very unfortunate,” said Paola Biraschi, an analyst at ׶Ƶ. “They already incurred some reputational damage given the inconsistent market communication around the intention to pay the coupon. Investors will now want to understand the reasons behind the alleged payment of the coupon. And if any money was transferred, I imagine they will attempt to claw it back from bond holders.”

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]]> French Laundering: CA Gov Newsom To Turn Tax Revs Into Cash Giveaway Ahead Of Election https://www.zerohedge.com/political/french-laundering-ca-gov-newsom-turn-tax-revs-cash-giveaway-ahead-election#new_tab Mon, 10 May 2021 15:07:20 +0000 http://know.creditsights.com/?p=4386 “The state is awash in cash,” said ׶Ƶ senior muni analyst John Ceffalio. “California came into the pandemic in good fiscal shape and it’s probably leaving it in even better fiscal shape.”

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]]> “The state is awash in cash,” said ׶Ƶ senior muni analyst John Ceffalio. “California came into the pandemic in good fiscal shape and it’s probably leaving it in even better fiscal shape.”

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