Greece: An Endgame Finally in Sight?
The noose continues to tighten on Greece.
Read more...Author Archives: Yves Smith
Michael Klare: Delusional Thinking in Washington, The Desperate Plight of a Declining Superpower
How US superpower overreach has hit the breaking point, yet the officialdom acts as if somehow doing more will succeed.
Read more...Dick Fuld Continues to Exhibit Advanced Case of Wall Street CEO Derangement Syndrome
It appears that having the financial crisis analogue to the captain of the Titanic carry on in the stereotypical super-entitled Wall Street CEO manner was too much for the tender sensibilities of CNBC.
Read more...Perry Mehrling: Derivatives Remain a Blind Spot in the TBTF Debate
Current proposals to deal with the too big to fail problem fall way short as far as disarming derivatives risk is concerned.
Read more...Links 5/28/15
Michael Hudson: Ukraine’s “Operation Vulture” and Labor Protests
Hudson’s so-called “Operation Vulture,” the strip-mining of what little is left of a functioning economy in Ukraine, comes straight out of the neoliberal playbook.
Read more...The Fed’s Dereliction of Duty and False Capital Flows Morality
The Fed disavows responsibility for the way US interest rate policy sends money sloshing around the world. It’s a huge mistake intellectually and politically.
Read more...Three Former SEC Commissioners Urge Mary Jo White to Stop Protecting Corporate Cronyism via Inaction on Disclosure of Political Spending
SEC Chairman Mary Jo White is caught out at her corporate crony tricks yet again.
Read more...8 Ways Robots Are Taking Over Our Jobs and Our World
Robots that replace workers are being prototyped in more and more areas, including some highly-paid professions.
Read more...How the China’s New Silk Road is Shifting Geopolitics
Even though China’s Silk Road initiative is in its early stages and still opportunistic, traditional rivalries could impede progress. Even so, the US is concerned about how China has gotten and is making countermoves.
Read more...America’s First Black President Throwing Slaves Under the Bus on TPP
The sausage-making on the TPP has gotten messier…..
Read more...SEC Vindicates Deutsche Bank Derivatives Whistleblowers Eric Ben-Artzi and Matthew Simpson
Three SEC whistleblowers have been proven right in charging Deutsche Bank with misreporting its biggest derivatives risk,. the bank, predictably, looks to have gotten off easy.
Read more...The Great Land Banking Scam Exposed
It should come as no surprise that real estate kingpins buy political favors on a regular basis. A new study estimates the payoff.
Read more...Corruptionomics in Italy
As reader Li, an international road warrior, says, “America is getting to be just like Italy, except without the attractive men.”
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