Bill Black: Why Did Preet Bharara Refuse to Drain the Wall Street Swamp?
If you still doubt that Bharara and other federal prosecutors could have gone after bank executives but chose not to, this should settle it.
Read more...Author Archives: Yves Smith
Chicago Meetup Follow-Up
The participants are the final judges, but I believe everyone who attended our first Chicago meetup had a good time. The venue turned out better than expected, in that the hotel gave us a quiet and very large room and as far as I could tell, was pretty good about turning around drinks orders. The […]
Read more...A More Equitable Economy Exists Right Next Door
Meet Quebec’s social economy.
Read more...Links 3/26/17
Michael Hudson: Trump is Obama’s Legacy. Will this Break up the Democratic Party?
The Democratic Party will keep losing as long as it remains the party of “no hope or change” for the 95%.
Read more...Magnus: China Must Reform or Bust
China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.
Read more...Taxcast: Staggering Expense of Finance Sectors, Brexit
On Tax Justice Network’s Taxcast, Professor Gerald Epstein weighs in on the cost and dangers of major finance centers.
Read more...Hope to See You at Our Chicago Meetup Tonight
Don’t forget our Chicago meetup tonight!
Read more...Competition From China Reduced Innovation in the US
Reduced innovation is another reason to question using China as America’s outsourced manufacturer.
Read more...Links 3/23/17
Supreme Court Decides For Workers and Against Private Equity in Important Bankruptcy Case, Jevic
The Supreme Court slaps down lower courts and gives workers a key bankruptcy court win in Czyzewski v. Jevic Holding Corp.
Read more...Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried
Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?
Read more...Alice in Gender-Gap Land
The gender pay gap persists, even in supposedly female-friendly fields like the arts, when women have similar credentials and experience.
Read more...Even Before Brexit Triggered, EU Again Signals It Is Not Budging on “Shape of the Table” Issue
The EU is not giving ground as the Brexit trigger date approaches.
Read more...Who Benefits From the Mayo Clinic Explicitly Putting Commercially Insured Patients Ahead of Some Government Insured Patients?
The Mayo Clinic takes a big step backwards in patient care.
Read more...