A new bill by Bernie Sanders and Alexandria Ocasio-Cortez seeks to limit credit abuses and make banking more accessible.
Read more...The infamous HAMP program, which the Administration revised so many times on the fly as to give incompetent and mendacious mortgage servicers air cover for failing to modify mortgages, at least had a stealth purpose. As Treasury Secretary Timothy Geithner said to the SIGTARP’s Neil Barofsky, it was to foam the runway for banks by […]
Read more...The longer you look at Boeing, the uglier it gets.
Read more...The US announced plans to park warships on Iran’s doorstep and tries to depict Iran as the provocateur. What gives?
Read more...The US now seeks to shut down Iranian exports to zero. Will Iran respond by closing the Strait of Hormuz?
Read more...The Chicago School’s weakening of antitrust law hurt the economy
Read more...Why beneficiaries and California taxpayers should welcome Lisa Middleton replacing Bill Slaton on the CalPERS board.
Read more...Bill Black describes how OSHA’s few underfunded inspectors can’t do their jobs, and prosecutors don’t prosecute businesses for non-compliance.
Read more...Why finance, broadly defined, is still a hazard to the US economy.
Read more...Despite the EPA’s recent insistence glyphosate is “safe”, Bayer faces a many problems related to Roundup legal risk.
Read more...Lawsuit reveals border searches of electronic devices have nearly quadrupled in four years . US border officials claim they don’t need a warrant for such searches, can investigate issues beyond customs and immigration issues, and share data obtained with other foreign and domestic agencies. Plaintiffs ask judge to grant summary judgment and require warrants. Whatever she decides, the case will be appealed.
Read more...Tesla’s 10-Q filing reveals that without taxpayer-funded pollution credits the company gets from the government and sells to other companies, its loss as automaker and solar-panel company would have been $918 million and its negative cash flow wouldn’t have been a cash drain of $919 million but a cash sinkhole of $1.14 billion
Read more...The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.
Read more...Apple and tech lobbyists delay a California bill to provide a statewide right to repair until 2020, claiming consumers will hurt themselves if the state capitulates on this issue. They also successfully deploy the hackers in the basement boogeyman.
Read more...Bill Black demolishes the notion that we can’t prosecute banksters with laws now in place. He there’s no need to pass new laws – as Senator Elizabeth Warren proposes – but instead to appoint regulators and legal officers who’ll use what we know about dealing with criminogenic environments to prosecute white collar criminals. And to provide them with support and resources.
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