Category Archives: Banking industry

Revealed: Nearly 400,000 British Companies Evade Anti-Money Laundering Checks

David Cameron promised to stop scammers and kleptocrats hiding behind British shell companies. But almost one in ten UK firms still do not declare ‘persons of significant control’

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Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

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Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust

Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis

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More Public Pension Fund Pain: LACERS Reports Hit to Liquidity from Private Equity Capital Calls; Are Fund Managers Exploiting the Dumb Money Yet Again?

Private equity firms are sucking cash out of their limited partners at the worst possible time, exposing public pension funds in particular to liquidity crunches and fire sales.

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