Germany Lays the Foundations for a New Eurozone Debt/Banking Crisis
It’s astonishing to see Germany take active steps to wreck the Eurozone.
Read more...Author Archives: Yves Smith
Black Lives Matter Activist Confronts Clinton About Racially Charged “Superpredator” Statement Because the Corporate Media Won’t
When confronted by Black Lives Matter, Sanders gave them the mike. By contrast, Clinton started temporizing and had them removed.
Read more...China’s Vulnerable External Balance Sheet
A look at the risks of China’s external debt.
Read more...Introducing Kuznets Waves: How Income Inequality Waxes and Wanes Over the Very Long Run
Why income inequality is likely to remain high.
Read more...Links 2/25/16
The New Shadow Banks: Private Equity Becomes Private Credit
Private equity funds have launched a host of private credit fund to let them borrow more than banks are allowed to provide. What could go wrong?
Read more...A Clinton Presidency Has Been/Would Be a Disaster for Black and Brown Communities. Here’s Why.
Hillary Clinton supported policies that devastated black communities, as well as using racist code words to attract Southern whites.
Read more...35% Of Public Oil Companies Could Face Bankruptcy
Bankruptcy looms for many exploration and development companies, particularly US shale players.
Read more...Eric Garland: Seven Lessons from How Private Equity Wrecked Guitar Center
The Guitar Center fiasco as a case study in how not to run a business, and how that indicts private-equity influenced management norms.
Read more...Links 2/24/16
Former Playboy Playmate, Other Finance-Linked Donors, Give Big Bucks to “Sheriff of Wall Street” Eric Schneiderman
How an ex-Playboy Playmate’s donations to Eric Schneiderman illustrate what is wrong with campaign finance in America.
Read more...Robert Reich: Are We Witnessing the Death of America’s Political Establishment?
The elites in America are so cloistered that Robert Reich has to tell them why the natives are restless.
Read more...San Francisco: “Baghdad by the Bay” for People of Color
Racism is alive and well in the San Francisco police force.
Read more...Please Attend or Listen to Bank Whistleblowers United Event This Thursday in DC
Please support Bank Whistleblowers United by participating in their first public event.
Read more...California Treasurer and CalPERS Board Member John Chiang Introduces Private Equity Transparency Bill
California Treasurer John Chiang’s private equity transparency bill has been launched. How does it stack up?
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