Trudeau’s Money Heist: Emergencies Act Allows Seizure of Bank Accounts, Securities, Crypto of Those Suspected of “Links” to Convoy Members w/o Court Order
Why the implementation of Canada’s Emergencies Act is a terrible precedent.
Read more...Category Archives: Banking industry
Arbitration Antics: Warren, Porter, Press Regulator to Explain Yet Another Way Wells Fargo Found to Game the System
Sen. Elizabeth Warren and Rep Katie Porter press regulator for answers as to how Wells Fargo apparently gamed the arbitration system.
Read more...Resource Limits to American Capitalism & The Predator State Today
James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism
Read more...Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers
Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]
Read more...IMF Surcharges: A Lose-Lose Policy for Global Recovery
The IMF seems unable to drop its punitive, self and “client” destructive habits.
Read more...What Happens If a Cryptocurrency Exchange Files for Bankruptcy?
Law professor Adam Levitin explains why cyptocurrency exchange customers face a world of hurt if their exchange fails.
Read more...Neoliberalism Was Born in Chile. Now It Will Die There
A constitutional convention is remaking Chile to break with the model forged by murderous dictator Augusto Pinochet
Read more...Bad as QE Was, Unwinding It Rapidly Could Be Worse
Getting out of super low interest rates and unwinding QE is proving to be easier said than done.
Read more...Michael Hudson: What is Causing So Much Inflation?
Economist Michael Hudson explains the inflation crisis and Fed’s secretive $4.5 trillion bank bailout.
Read more...The Bitcoin Challenge: How to Tame a Digital Predator
Public authorities should refrain from taking measures supporting additional investment flows into Bitcoin and should treat it as rigorously as the conventional financial industry to combat illicit payments, money laundering, and terrorist financing
Read more...‘If We Want to Tackle Climate Change, We Want Them to Go Bankrupt … Right?’
Yes, Biden is sabotaging the climate, just like the other guy…but that’s not why Saule Omarova nomination as Controller of the Currency failed
Read more...Too Big to Strand? Bond Versus Bank Financing in the Transition to a Low Carbon Economy
Banks continue to provide financing to fossil fuel firms that the bond market would not finance as long as they do not price the risk of stranded assets. In this setting, stranded assets risks may have shifted to large banks.
Read more...Foreclosure Looms for Homeowners Who Thought They’d Won, Thanks to Top New York Court Ruling
Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
Read more...Finance Group Fails To Deliver at COP26
Finance, which some see as uniquely positioned to save the planet, has already bankrolled 1.5֯ C of warming.
Read more...Michael Hudson on Truth Jihad Radio Discussing Super Imperialism, Rentierism, and the American Political Duopoly
Michael Hudson gives a wide-ranging talk, including American policy in the post-war era, how economics ignores debt, and class warfare.
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