Congress Exposes That DoJ Overruled Recommendation to Indict Money Launderer HSBC Over Too Big to Fail Worries
Why money-launderer HSBC got off so easy in 2012: it had lots of official help.
Read more...Category Archives: Banking industry
Regulator Warns Commercial Real Estate Bubble Is Biggest US Bank Risk
By the time regulators start warning of risk, as the OCC is now in commercial real estate, it’s often too late.
Read more...Deutsche Bank Chief Economist Joins SocGen Chairman in Trying to Foment Banking Crisis to Get Germany, Brussels to Blink
Why bank executives are stoking a banking crisis.
Read more...How MBA Programs Drive Inequality
How MBA programs reinforced the inequality-promoting neoliberal economic model.
Read more...The UK Vote to Leave European Union
A judicious, high level overview of the Brexit vote and its implications, the big one being that it moves Britain to the right.
Read more...Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?
Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.
Read more...Bill Black: When Is Crime Not a Crime? When It Is White-Collar Crime
Yet another demonstration of how the media airbrushes out the very concept of white-collar crime.
Read more...Bill Black: BREXIT – Tony Blair
Tony Blair sides with the bankers and against the popular will. Quelle surprise!
Read more...Unfounded Debt Fears Block Economic Recovery
Debt scaremongering as voodoo economics.
Read more...Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings
A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.
Read more...UK, EU Talk Past Each Other on Brexit Negotiations
The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.
Read more...Ethereum and Smart Contract Unicorn Woo-Woo – There Should Be a Law Against It
Why Ethereum and smart contracts don’t and will never live up to their hype.
Read more...How Brexit Threatens to Turn the UK Into “Borisland”
How the Tories and UKIP intend to use Brexit to impose permanent austerity and reduce workers’ rights.
Read more...Satyajit Das: What If Anything Does Brexit Really Signify?
An appraisal of the Brexit sound and fury.
Read more...Boris “Just Kidding” Johnson Outlines His Rainbows and Unicorns Brexit Plan
Boris Johnson is now the most hated person in the Western world.
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