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Fearing Contagion, Russia Bails Out Bondholders in its Biggest Bank Collapse Yet

Fearing Contagion, Russia Bails Out Bondholders in its Biggest Bank Collapse Yet  “The panicky mood has been dampened down,” as other banks are rumored to be teetering. True to the playbook of bank bailouts, the Central Bank of Russia (CBR) decided to bail out Bank Otkritie Financial Corporation, the largest privately owned bank in the […]

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Russian Central Bank Bails Out Otkritie Bank, Country’s Largest Private Lender

Russian Central Bank Bails Out Otkritie Bank, Country’s Largest Private Lender It’s been a while since the world had any bank solvency concerns; in fact, ever since the thrice botched bail out of Monte Paschi and the debacle that was Banco Popular, it has been largely smooth sailing. That changed moments ago, when the Russian […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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