Banks Wince as Wells Fargo Gets a Harder Than Usual Wet Noodle Lashing from the Fed
The Fed implements some new punishments at Wells Fargo, but this is weak tea when what is needed is rat poison.
Read more...Author Archives: Yves Smith
The EU as Britain’s Constitutional Stabiliser?
More than it thinks, Britain may need EU membership to preserve its national integrity and ancient constitutional settlement.
Read more...Links 2/3/18
If You Want to Expand Our Welfare System, Call It ‘Assistance to the Poor’
“Welfare” as a case study in political positioning.
Read more...CalPERS Chief Investment Office Ted Eliopoulos Now Touting Venture Capital Even Though It Can’t Improve Returns
CalPERS is about to embrace yet another bad investment idea.
Read more...Nomi Prins: Trump’s Financial Arsonists
How Trump’s financial deregulators are arranging more gimmies to banks.
Read more...Whole Foods Becomes Amazon Hell Foods as Employees, Managers Quit, Cry on the Job….and These People Want to Run Your Healthcare?
Amazon is being its vicious self yet again, now at Whole Foods.
Read more...Gaius Publius: Do Mainstream Democrats Really Want to Eliminate Carbon Emissions and Fossil Fuel Use?
Following the money tells you how serious mainstream Democrats are about tackling climate change….not.
Read more...How Did Trump Win? Follow the Dark Money
A major new study says an infusion of “dark money,” plus declining unionization rates, were factors that helped deliver the Trump upset.
Read more...Trump’s China Policies Are Working a Treat
Trump’s trash talk re China looks have led China to have allowed the yuan to rise. Will that be enough to improve its US trade balance?
Read more...Links 2/1/18
Patient Dumping: A “New” Cost Savings Strategy for Hospitals
Some hospitals have put indigent patients out on the street, clad only in hospital gowns, something that was previously unthinkable.
Read more...UK Consternation Over EU Not Accommodating City of London in Brexit…Just As It Said It Would Not Do
The UK financial services is being told “no” yet again….will the message finally sink in?
Read more...The International Economic Consequences of Mr. Trump
The Trump Administration sees no value in international economic institutions or cooperation, abandoning the role of steward of the system.
Read more...Highly Experienced Physicians Leaving Medicine Due to Electronic Medical Records
More on the destructive impact of electronic medical records.
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