http://teodesian.net//posts/40d03aa2-13f4-11ec-bdd7-d4c6b518f7c6?format=xml teodesian.net : /posts/40d03aa2-13f4-11ec-bdd7-d4c6b518f7c6 en 2026-04-22T19:40:35 2026-04-22T19:40:35 /favicon.ico http://teodesian.net 32 32 teodesian.net favicon http://teodesian.net/posts/40d03aa2-13f4-11ec-bdd7-d4c6b518f7c6 More damning still, the auditor has unearthed evidence that as part of that €2.5 billion rights issue — its third effort since the crisis to raise capital — Popular’s management offered low-interest loans to clients in order for them to buy the bank’s share offering. Wow. It's like a reverse LBO that screws you over. Nevermind that their balance sheet is 100% toxic waste. These guys are morons.]]> teo http://teodesian.net/posts/40d03aa2-13f4-11ec-bdd7-d4c6b518f7c6 2017-04-05T09:01:27 http://teodesian.net/posts/1491382887 More damning still, the auditor has unearthed evidence that as part of that €2.5 billion rights issue — its third effort since the crisis to raise capital — Popular’s management offered low-interest loans to clients in order for them to buy the bank’s share offering. Wow. It's like a reverse LBO that screws you over. Nevermind that their balance sheet is 100% toxic waste. These guys are morons.]]> teo http://teodesian.net/posts/1491382887 2017-04-05T09:01:27