Limited Liability: Profit Without Responsibility
Over time, limited liability entities have helped facilitate “Heads I win, tails you lose” conduct.
Read more...Category Archives: Banana republic
Goldman Gets Off Easy in 1MDB Scandal Despite Further $2.9 Billion in Payments, Criminal Charge Against Malaysian Sub
Despite the big numbers, Goldman gets the kid glove treatment relative to the severity of its 1MBD misconduct.
Read more...Profits Over Human Life? ER Doctor’s Story Is Fearful Lesson for U.S. Workers During Pandemic
Dr. Ming Lin spoke out about Covid safety and was fired. A doctor working for corporations must check his medical ethics at the door.
Read more...U.S. Supreme Court Rejects GOP Call Not to Extend Deadline for Mail-In Ballots
A deadlocked U.S. Supreme Court let stand a lower court ruling ruling to extend the deadline for counting mail-in ballots.
Read more...Can Hunter Biden Be Both Right and Wrong, Both Innocent and Guilty? Yes He Can.
A nuanced primer on the Hunter Biden story : “institutional corruption at its core.” With a heavy helping of Taibbi reporting.
Read more...“Fiscal Cliffication” Continues as the Election Looms
The politics of a new fiscal package have now evolved. And not in a good way.
Read more...With Bankruptcies Mounting, Faltering Oil and Gas Firms Are Leaving a Multi-Billion Dollar Cleanup Bill to the Public
Yet another example otf how the oil industry is subsidized, here by another way it dumps environmental costs on the public at large.
Read more...AOC and Other Top Progressives Urge Biden—If Elected—to Deny K Street, Wall Street Execs Top Cabinet Posts
Progressives pen letter to Biden asking him not to staff his administration with the usual corporate suspects; fat chance!
Read more...College Enrollments Drop Due to Covid, Adding to Budget Damage
College enrollments fall, consistent with predictions that Covid would hit them hard.
Read more...Bill Would Clamp Down on Cops Collecting DNA From Kids
A proposed New York City bill would halt DNA collection from children in the absence of an arrest or parental consent.
Read more...Corporate Law Consequences: Amy Coney Barrett Nomination
Quick take on what the Amy Coney Barrett appointment means for various areas of corporate law and why Republicans are so keen to confirm her.
Read more...What Did Billionaire Leon Black of Apollo Get for >$50 Million in Fees to Jeffrey Epstein?
The more we learn about Leon Black’s relationship with sex offender Jeffrey Epstein, the less there is to like.
Read more...What Should Europe Expect from American Trade Policy After the Election?
Biden promises to go back to an old normal. But how realistic is that on the trade front?
Read more...Citi’s Recidivist Rule-Breaking and Incompetence Shows Persistence of Too Big/Complex to Fail Problem
Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.
Read more...Michael Klare: How the US Plays Nuclear Chicken with Russia and China
eeping tabs on US nuclear provocations of Russia and China.
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