Did the New York Times Really Need to Let Jamie Dimon Crow About the Measly Raise He Is Granting Employees?
Jamie Dimon throws JP Morgan workers some crumbs.
Read more...Category Archives: Banana republic
How Treasurer Chiang’s Designee Grant Boyken Duped CalPERS’ Board to the Detriment of Taxpayers and Beneficiaries
How California Treasurer John Chiang’s deputy, Grant Bokyen, snookered CalPERS’ board to facilitate gutting a private equity reform bill.
Read more...Private Equity Industry Offers Intelligence-Insulting Defenses for Long-Standing Grifting Due to Refusal to Register as Broker-Dealers
Private equity firms insist that they continue to violate broker-dealer requirements. Why? So they can carry on looting.
Read more...How Private Credit Rating Agencies Reinforce Global Economic Instability—and What We Can Do About It
A look at a fundamental point of failure in our financial system, rating agencies, and potential remedies.
Read more...Financial Times Picks Up on Irish Growth Blarney Story…. That We Reported Months Ago
Irish growth is even phonier than the media would have you believe.
Read more...Gaius Publius: Picking Up James Comey’s Pieces — What He Did, What He Should Have Done & Why
On the logic, such as it was, of FBI chief James Comey’s decision to let Hillary Clinton off the hook for her e-mail chicanery.
Read more...Louis Proyect: Rooting for the Bulls
Bullfighting and the running of the bulls as symbols of Spain’s feudal past, and why they persist.
Read more...Congress Exposes That DoJ Overruled Recommendation to Indict Money Launderer HSBC Over Too Big to Fail Worries
Why money-launderer HSBC got off so easy in 2012: it had lots of official help.
Read more...Deutsche Bank Chief Economist Joins SocGen Chairman in Trying to Foment Banking Crisis to Get Germany, Brussels to Blink
Why bank executives are stoking a banking crisis.
Read more...Los Angeles Times: Treasurer Chiang’s Private Equity “Transparency” Bill Fails to Deliver (Updated: LAT Misrepresents Credentials of PE Booster)
The Los Angeles Times describes how Treasurer Chiang’s private equity bill, AB 2833, has become toothless.
Read more...Gaius Publius: Could Endorsing Clinton Hurt Down-Ticket Democrats? Polling Says Yes.
Supporting Clinton has a cost. Sometimes there is justice in the world.
Read more...Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?
Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.
Read more...Brexit Empty Threats: The UK’s Fantasy of Becoming a Big Tax Haven
How a naive idea about the UK becoming a big fat tax haven to stick it to the EU reveals a lot about official and pundit thinking.
Read more...Quelle Surprise! SEC’s “Make the World Safer for Fraudsters” JOBS Act Does Little to Help Companies Raise Money
As we predicted, the JOBS Act is a flop. Here’s why.
Read more...Bill Black and Stephanie Kelton: Is it Time for a New Deal Federal Jobs Program?
On the need for New Deal levels of spending on national priorities and the myths and political grifting that prevent it.
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