Fast Facts

More Great Reads

Pop Goes The Alpha ( Natural Resources)

d7c66a666523fbcd27186e3689143c2f

If you want a cogent metaphor for the central bank enabled crack-up boom now underway on a global basis, look no further than today’s scheduled chapter 11 filling of met coal supplier Alpha Natural Resources (ANRZ). After becoming a public company in 2005, its market cap soared from practically nothing to $11 billion exactly four years ago. Now it’s back at the…