Dean Baker explains how market structure, which results from policy choices, legislation, and regulation, serve the rich first and foremost.
Read more...This is Naked Capitalism fundraising week. 1282 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve accomplished in the […]
Read more...Why China’s fabulously leveraged housing market may finally be on the verge of a long-anticipated implosion.
Read more...How the choice of metaphors to describe money, finance, and banking is a part of the battle for ideas too often overlooked.
Read more...A discussion of the role that offshore played in Iceland’s banking bubble and implosion, plus a high level corruption scandal in Spain.
Read more...The Bank of England offers an easily-debunked defense of predatory and fraudulent lending.
Read more...Hillary’s mandatory retirement savings accounts are a twofer: a way to replace Social Security over time and enrich private equity and hedgies.
Read more...How to determine whether or not to write down troubled loans.
Read more...This is Naked Capitalism fundraising week. 793 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what […]
Read more...Even by the standards of European kick-the-can-down-the-road exercises, measures to stave of an Italian banking crisis are really slapdash.
Read more...Why Naked Capitalism is, through gritted teeth, left with no realistic alternative than to take donations through the dreadful PayPal
Read more...The Wells Fargo fake account scandal illustrates why corporate executives conveniently ignore or even engage in fraud.
Read more...How Naked Capitalism is the antidote to media short-termism that otherwise allows powerful interests to control information flows.
Read more...A decision by the D.C. Circuit Court of Appeals overturning the CFPB director structure allows the agency to pursue its ongoing policy and enforcement agenda. With separate new regulations on payday lending and mandatory arbitration expected soon, will consumers finally get the more effective financial product regulation we deserve?
Read more...While John Stumpf has finally departed Wells Fargo, the bank hasn’t made moves consistent with serious change.
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