FICO Gets Creative With Credit Scores to Facilitate Getting More Americans in Debt
FICO is evil.
Read more...Author Archives: Yves Smith
How Private Equity Bankrupted Seven Major Grocery Chains for Fun and Profit
Grocery chains as yet another example of private equity looting, and what policymakers should do to stop that.
Read more...Tom Engelhardt: The Unhappy 17th Anniversary of the Afghan War
Looking back on 17 counterproductive years in Afghanistan.
Read more...Announcing a New Double-Your-Donations Challenge!
A new donor challenge! Will you join us?
Read more...Jeff Epstein: Naked Capitalism Led Me to MMT, and Its Commentariat Made Me a Better Writer
How Naked Capitalism and its readers provided political education.
Read more...Links 10/20/19
Mark Ames: Why Finance Is Too Important to Leave to Larry Summers
Why Naked Capitalism is your weapon against Larry Summers.
Read more...Marshall Auerback: The Democrats’ Globalization Dilemma
It’s no secret that globalization created losers, and the Democrats seem determined to ignore them.
Read more...Italy’s Debt Crisis Intensifies
Italy’s government debt yields are rising thanks to a budget standoff with Brussels, and Italian banks are looking more wobbly too.
Read more...Why Are We Mostly Ignoring the Climate Crisis? The Message Is Wrong
Why is there so little urgency about combatting climate change? What can be done to reverse that?
Read more...Naked Capitalism: Ten Years After Lehman
Naked Capitalism got the last crisis right and why it will probably have the opportunity to get the next crisis right.
Read more...Brexit: Knives Out for Theresa May (Again) Over Extending Transition Period
The lay of the Brexit land is becoming clearer after the inconclusive October European Council summit.
Read more...Win for Students Having Loans From For–Profit Educational Institutions
Students get a rare break on the student debt front.
Read more...Gaius Publius: Analyzing the New NAFTA Deal — Better, But Not by Much
Why the new, improved NAFTA is only a little less bad than the old one.
Read more...Hooray! Met Our Fifth Goal, On to Our Sixth: Karōshi Prevention
Help with our sixth fundraising goal, to keep everyone at their sharpest and preventing burnout by supporting site staffing.
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