Author Archives: Yves Smith

Who Benefits From Sovereign Debt Crises?

Even though the struggle over Greece’s bailout has receded from the news, with many countries carrying large debt burdens, the need to restructure sovereign debts is not going away. This Real News Network segment gives an overview of the state of play.

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A Dispatch from Germany: The Rhetoric of Competition in Everyday Life and Varoufakis’s Endless Relitigation of the Bailout:

By Nathan Tankus, a writer from New York City. Follow him on twitter at @NathanTankus Wednesday I attended a debate between Yanis Varoufakis and Hans Werner Sinn. I will not summarize the debate (I’m told the video will be up next week), but instead give my reading of the debate and wider impressions of attitudes […]

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Why is Helane Morrison, General Counsel for Hall Capital, Fund Manager for the Super-Rich, Attacking SEC Investor Protection?

Earlier this month, we excerpted a section of a panel discussion from an SEC securities enforcement conference. It showed the degree to which former senior SEC officials who’ve gone into private practice openly ridicule the idea that the SEC should do its job, for instance, by deriding enforcement as “gotcha”. Today, we’ll look at the […]

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