Bankman-Fried, Political Money, and the Crash of FTX
How FTX showering money on both parties to try to paralyze regulators.
Read more...Author Archives: Yves Smith
Arctic Report Card 2022: The Arctic Is Getting Rainier and Seasons Are Shifting, with Broad Disturbances for People, Ecosystems and Wildlife
An update on the impact of global warming in the Arctic.
Read more...Links 12/15/2022
Hungary Asks the War Questions and Probes Merkel’s Minsk Deception
On Merkel’s and Germany’s posture toward the war in Ukraine and Russia generally.
Read more...Needed Global Financial Reforms Foregone Yet Again
The pathologies that produced the financial crisis are still circulating.
Read more...Notes on SBF’s Indictment and SEC/CFTC Civil Suits, Incarceration, Meetup with Reality
SBF’s fortunes just took a big nosedive, or for the more jaundiced, got marked to market.
Read more...New York Times Strike: From Reporters to Rabble-Rousers
Workers at the New York Times stopped working to demand better pay and labor rights—but only for a day. What if they flexed their power?
Read more...Links 12/10/2022
Estimating the True Cost of War: The Conflict in Eastern Ukraine (2014-2019)
A new approach for analyzing the economic cost of war finds the impact on Donetsk, even before the SMO, is very high.
Read more...No Appeal Filed in The MH17 Case – Ursula von der Leyen Proposes The Start of a New Show Trial
The dubious but not surprising end of the MH17 trial.
Read more...Death of an Elder Raises Uncomfortable Questions About Adequacy of Care
Some anecdotes on not-great care for the aged.
Read more...Dethroning the Dollar: What Governments Propose, IT Disposes
Why the road away from the dollar will have many twists and turns.
Read more...Confronting Gitmo
Gitmo is still with us, and likely for bad reason.
Read more...‘The Most Resilient New Yorkers’ — Oysters Get Second Life in Harbor
See shells journey from dinner plates to docks as environmentalists and restaurateurs use oysters to boost local ecology.
Read more...Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time
Why the dollar’s demise is not around the corner.
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