Two Questions for the Next SEC Director of Enforcement
What is the next SEC director of enforcement’s position on no admit/no deny settlements? Would targeting individuals increase accountability?
Read more...Category Archives: Banking industry
The New New Deal
The myth of the virtues of markets is past its sell-by date. Time for a new guiding principle, and the New Deal may be the place to start.
Read more...Europe’s Faustian Bargain with Big Finance
An overview of the cost of Europe’s failure to rein in its financial institutions and the options for bank and Eurozone reform.
Read more...The White House Flouts Ethics Rules
Even though the Trump Administration is far from a model of probity, it is managing to find new ways to skirt ethics rules.
Read more...The Bank Competition Myth
Why banks should not be considered to be private enterprises.
Read more...Trump Treasury Secretary Steve Mnuchin Renounces Commitment to Glass-Steagall While Saying He Isn’t
Steven Mnuchin demonstrates that he is a shameless liar even by Goldman standards.
Read more...China Blinks!
China taps the brake…..
Read more...Trump Reiterates Support for a New Glass-Steagall Act, But It Will it Pass Congress?
This Real News Network interview discusses where Trump and his allies stand on reviving Glass-Steagall.
Read more...The Financial Crisis That Spawned Austerity, Corporatized the Democratic Party and Gave the World Donald Trump
Why New York City’s fiscal crisis was a watershed event.
Read more...In Bleak Prognosis, Italy’s Financial Regulator Threatens EU with Return to a “National Currency”
European officials continue to dither while Italy’s banks burn.
Read more...China Sickening into Classic Emerging Market Crisis
More and more analysts are getting nervous about China. Are there concerns warranted?
Read more...Hoisted from E-Mail: Puzzling Out the UK’s Shambolic Approach to Brexit
Trying to make sense of the UK’s Brexit pathology.
Read more...Michael Hudson: Review of Steve Keen’s “Can We Avoid Another Financial Crisis?”
Steve Keen’s book is a compact, layperson friendly evisceration of mainstream economics and efforts to defend banks at the expense of citizens.
Read more...Canadian Bank Run Contagion Begins?
A Canadian subprime mortgage lender is on the ropes. Is the end of the real estate bubble nigh? If so, how much damage will banks take?
Read more...Taxes, and the Parable of “Turning Litter Into Money”
I take my business cards out here, and these are twenty dollars a piece, if anybody wants to buy any. No? Any takers?
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