As short seller David Einhorn says, “No matter how bad you think it is, it’s worse.” That’s proving true at Wells Fargo as former employees allege systematic whistleblower retaliation.
Sunday, September 25, 2016
Wells Fargo Fake Accounts Hidden by Fake Whistleblowing: Former Employees, Including HR Officials, Allege Systematic Retaliation
Today’s Water Cooler: Clinton Foundation layoffs, Clinton air war, Clinton path to victory, Trump v. political class, Hanjin, shipping banks
New Medicare reimbursement program, MACRA, will further crapify the physician’s workplace.
Topics: Health care
Posted by Lambert Strether at 12:10 pm |
Working through explanations as to why US immigration has been negatively correlated with growth.
The perilous status of adjuncts, who serve as contingent faculty.
Wells Fargo CEO’s Teflon Don Act Backfires at Senate Hearing; “I Take Full Responsibility” Means Anything But
Wells Fargo CEO John Stumpf’s days are numbered, as they should be based on his inability even to fake contrition in Senate hearings.
Today’s Water Cooler: Clinton and “Millenials” [sic], Hanjin, shipping banks, Momentum and Labour, productivity and compensation, cognitive bias
The relation between money and electoral success is linear in House and Senate races.
China Containerized Freight Index remains near record low.
It would be better if the latest Brexit news were a farce….
More concerned tea-leaf reading in the wake of a BIS report that sounded alarms about China’s debt growth.
Today’s Water Cooler: Petersen Institute on TPP, Trump small donors, Clinton and youth, Nevada voter rolls?, housing, water, cellphone alerts
The backlash has begun. Prominent economists are upping their game in trying to depict the gains of the One Percent as virtuous and beneficial.
Topics: Banana republic, Banking industry, CEO compensation, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Market inefficiencies, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am |