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...Category Archives: Banking industry
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 […]
Read more...Why Italy’s Banking Crisis is Spiraling Out of Control
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...Yes, We’re Sorry About the PayPal
Why Naked Capitalism is, through gritted teeth, left with no realistic alternative than to take donations through the dreadful PayPal
Read more...How Wells Fargo Exemplifies the Drivers of Big Corporate Fraud
The Wells Fargo fake account scandal illustrates why corporate executives conveniently ignore or even engage in fraud.
Read more...Naked Capitalism: Getting Through the Stupids to the Important
How Naked Capitalism is the antidote to media short-termism that otherwise allows powerful interests to control information flows.
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