Michael Hudson on Meet the Renegades
Michael Hudson gives a freewheeling interview on some favorite topics like rentier capitalism and why the Great Moderation wasn’t so great.
Read more...Category Archives: Banking industry
Bill Black: Wall Street’s Apologist-in-Chief Mansplains Regulation to Senator Warren
The New York Times’ Roger Lowenstein is so convinced of Wall Street’s and the SEC’s virtue that he can’t even be bothered to get facts right.
Read more...Thieves’ Picnic at Trust Bank: Russia’s Biggest Bank Heist Gets Worse, and Worsley
“Unprecedented in the history of Russian bank fraud…”
Read more...Why the ECB is Going to Print, Print, PRINT!
The ECB is set to dig its hole even deeper….
Read more...Nomi Prins: Hillary Clinton Will Continue the Big Bank Protection Racket
Hillary Clinton has apparently never met a well-heeled banker she didn’t like….
Read more...CFPB’s Project Catalyst Relies on Financial Innovation Fairy to Rescue the Underbanked
The CFPB’s Project Catalyst relies on the financial innovation fairy to produce consumer-friendly financial products rather than regulation.
Read more...Dean Baker: Rigged – How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer
Dean Baker explains how market structure, which results from policy choices, legislation, and regulation, serve the rich first and foremost.
Read more...Wolf Richter: Wells Fargo Hasn’t Changed One Iota – Aggressive Cross Selling Baked In
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...China’s Insanely Leveraged Housing Market Will Enter Its Secular Bear Market In 2017
Why China’s fabulously leveraged housing market may finally be on the verge of a long-anticipated implosion.
Read more...Hoisted From Comments: Decoding the Misleading Metaphors of Money and Banking
How the choice of metaphors to describe money, finance, and banking is a part of the battle for ideas too often overlooked.
Read more...Podcast: Iceland – Offshorisation, Collapse and Recovery. What Are the Lessons?
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...Bill Black: Bank of England Says Authorities Mustn’t Fine Banks Because Groaf
The Bank of England offers an easily-debunked defense of predatory and fraudulent lending.
Read more...Blackstone’s Tony James Touting What Looks Like Hillary’s Scheme to Gut Social Security
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...A Framework for Thinking About Bad Loans
How to determine whether or not to write down troubled loans.
Read more...Perfect Hindsight: on Breder Suasso of NZ and elsewhere, Global Transaction Services, of Hong Kong, Georgia (US) and London, mBank and Pekao Bank SA of Poland, and Ceska Sporitelna AS of the Czech Republic
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 […]
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