Only $60 Oil Can Save the Aramco IPO
The Saudis’ price expectations for their floatation of Aramco looked, ahem, ambitious from the get go. They look even more questionable now.
Read more...Author Archives: Yves Smith
Yet Another Form of Crapification: Stranded Money
Some examples of stranded funds as yet another way of degrading the customer experience.
Read more...Inequality: How We Got Here, and What Should Be Done
More discussion of the causes of rising inequality and possible remedies.
Read more...Announcing 2017 Mini-Fundraiser for Water Cooler!
Dear Readers, Last year the June Water Cooler mini-fundraiser was very successful, and we need you to help us make it just as much a success this year as last. Water Cooler provides both business and political coverage and commentary, and in both realms the torrent of propaganda and sheer bullsh*t has become almost overwhelming. […]
Read more...Norman Solomon: Is ‘Russiagate’ Collapsing as a Political Strategy?
Russia scaremongering is losing its punch as a political rallying call, but the Democrats aren’t giving up on it.
Read more...Bill Black: Bank Whistleblowers United Makes Its Latest Lemon Award – to the UK
The UK rejects the idea of rewarding whistleblowers, despite the fact that the US experience shows it to be a sound way to catch abuses.
Read more...Lone Star State Readers! Hope to See You at Our Dallas Meetup Tonight, Tuesday June 27!
Calling all Dallas-area readers! Hope to see you tonight!
Read more...Lee Camp: Here’s Why There Is No Legitimate Healthcare Debate In This Country
A righteous rant about why the way Americans have been propagandized to think about healthcare is a travesty.
Read more...Nick Turse: The Special Ops Fallacy – Throwing Elite Resources at “Winless Wars”
The US is enamored with special ops as a magic bullet in America’s many “interventions”. There’s a big gap between enthusiasm and results.
Read more...Catch Us on Harry Shearer’s Le Show Today!
We appear on Harry Shearer’s Le Show, discussing private equity and CalPERS. Be sure to tune in!
Read more...Links 6/24/17
Wolf Richter: Two Italian Zombie Banks Toppled Friday Night
It’s getting harder to ignore the stench coming from the Italian banking system.
Read more...Uber Spinning Out of Control: Employees Eyeing Exits as Press (Finally) Starts to Question Business Model
More on the upheaval at Uber.
Read more...Confirming Dallas Meetup Location Next Tuesday June 27
Announcing the location of our meetup in Dallas next week.
Read more...Can EU Actors Keep Using Common Law After Brexit?
The widespread use of English law in financial contracts poses yet another set of tricky post-Brexit issues.
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