Dumb Money Watch: ZIRP-Starved Insurers Beefing Up in Lending as Banks Exit the Pool
Insurers are going long risk at one of the worst possible junctures.
Read more...Category Archives: Banana republic
Italian Bank Failures Could Disintegrate the EU
How bad is the Italian banking mess?
Read more...How Executives Can Personally Profit from Bad Corporate Behavior in Health Care
Two Johnson & Johnson executives were prosecuted in a health care case for illegal marketing but their superiors got off scot free.
Read more...Michael Hudson: Obama Said Hillary Will Continue His Legacy – and Indeed She Will!
An update on Hillary’s coronation.
Read more...Italy Bank Crisis Looming With Rush to Rescue #3 Bank, Monte dei Paschi
Frantic rescue efforts for Monte dei Paschi are underway but the current plans don’t look very viable.
Read more...Harry Markopolos Scores Again: State Street Settles for $382 Million on Foreign Exchange Fraud
Harry Markopolos exposed cheating of pension funds and mutual funds in foreign exchange trades,, with State Street the latest settlement.
Read more...NSA Whistleblower: Not So Fast On Claims Russia Behind DNC Email Hack
Why you should be skeptical of the party line that the DNC was victimized by Russians.
Read more...Meet CalPERS Board Member Bill Slaton, Who Puts Kow-Towing to Private Equity Over Beneficiaries and California Taxpayers
CalPERS Investment Committee vice chairman Bill Slaton exemplifies many of the pathologies of the board.
Read more...How Much Do Shady Financial Practices Cost You, Exactly?
The average U.S. household loses over $100,000 to destructives activities of bankers and financiers
Read more...How the ECB is Officially Above the Law
If you think the US has trouble holding the Fed to account, we are in light years better shape than Eurozone citizens are with the ECB.
Read more...Study: Top Bank Execs Saw the Crisis Coming and Sold Their Company’s Shares
So much for the “whcouddanode” theory of the crisis.
Read more...After Supporting Treasurer Chiang’s Private Equity Transparency Bill in Public, CalPERS Gutted It Behind the Scenes
Yet more evidence of CalPERS’ chicanery on behalf of the private equity industry.
Read more...Gaius Publius: Two Ways of Looking at a Plagiarism
Trust me, this post on Melania Trump’s plagiarism does not go where you expect it to go.
Read more...Dodgy New Zealand Companies: Mapping Their Global Footprint Since 2009
New Zealand’s scam companies: a map of their global footprint
Read more...Uncovered California: Why Millions Have Fallen Into Health Care Gaps
How Covered California, the best Obamacare implementation in the US, still falls well short of its promise.
Read more...