The State of Antitrust and the FTC’s Case Against Amazon
The FTC suit against Amazon argues the online giant coerced its online merchants. How does that map against antitrust law?
Read more...Author Archives: Yves Smith
US Home Insurers Are Leaving Climate Risk Areas. We Need Affordable Housing Now
When the US housing crisis meets the looming insurance crisis, only government intervention will avert catastrophe.
Read more...Too Late to Not Nominate Biden
Biden’s refusal to step down assures chaotic outcomes. It is hard to see how he can win and hard to see how Trump would be permitted to win.
Read more...Deceit Pays Dividends: How CEO Lies Can Boost Stock Ratings and Fool Even Respected Financial Analysts
Reaching not-necessarily-sound conclusions from turning a supposed lie-detecting AI on CEO earnings calls and analyst ratings.
Read more...Foreign Bodies: Pandemics, Vaccines and the Health of Nations
Simon Schama’s book on pandemics and vaccines is highly informative, although KLG takes issue with Schama’s defense of Anthony Fauci.
Read more...Consulting Ethics: McKinsey Pays Additional $230 Million Opioid Settlement, Bringing Total to $870 Million
McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Read more...FCC Chair Confirms Plan to Reinstate Net Neutrality Rules Eviscerated Under Trump
The much-delayed appointment of a new FCC chair sets up the agency to roll back an anti-internet-freedom rule change under Trump.
Read more...Fracking Fallout: Is America’s Drinking Water Safe?
After many years, concerns about the impact of fracking on aquifers are finally going mainstream.
Read more...Links 9/26/2023
Original Sin: How the Weak Legal Foundations of NATO Make Negotiations With Russia Virtually Impossible
As if there weren’t already a boatload of impediments to a settlement of the Ukraine war, NATO’s inability to enter into treaties is a biggie
Read more...US Surveillance Firm’s Charm Offensive to UK Councils and Police Forces
US surveillance firm Fusus wants to bring supposed state of the art ‘real-time crime centres’ to the UK – with one being trialled this month
Read more...Quelle Surprise! Bank Too Big to Fail Problem Not Solved as Lobbyists Scheme to Make It Worse
Bank lobbyists want to weaken bank regulations even after rich stakeholders in recent “not-to-big-to-fail “bank failures were rescued.
Read more...Summits Mark Rapidly Changing World Order
Radhika Desai and Michael Hudson discuss what the recent spate of major summits, from BRICS to the G20 to NATO portend.
Read more...Links 9/23/2023
Poland Hinted That Germany Is To Blame For Its Dispute With Ukraine
More discussion of the Poland-Ukraine dustup, which has major implications for the war.
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