An in-depth look at the US’s big-ticket intelligence apparatus that can’t shoot straight in the Middle East. A bug or a feature?
Read more...Paying a visit to payday lenders at one of their conferences.
Read more...Has the financial sector become too large, absorbing too many resources, and enhancing instabilities?
Read more...The big problem with Hillary is it is hard to believe she stands for anything other than her desire to exercise power. Her latest bout of opportunism only reinforces that notion.
Read more...Some ruminations about what bankers suicides say about Wall Street.
Read more...The BBC follows up on the billion-dollar Moldovan bank scam, and Naked Capitalism kicks off a new series on money laundering in the UK
Read more...An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.
Read more...Market liquidity is all about smooth and rapid executions of large transactions. But why is it hard to keep big markets liquid? This column looks at liquidity in fixed-income markets, assesses new trends (as well as the EU’s new market instrument rules), and makes recommendations to policymakers to avoid illiquidity – a timely reminder that the social costs of illiquidity should not be underestimated.
Read more...Lawrence Wilkerson describes the path of empires in decline and shows how the US is following the classic trajectory.
Read more...A broad coalition has taken the unusual step of opposing all of Obama’s five nominees to the Postal Service Board of Governors. But it’s the right move, given how terrible they are.
Read more...Pieces missing from Trump’s financial story that call into question both his skill as a dealmaker and his business acumen.
Read more...Mega commodities trader Glencore and its big peers are looking wobbly. How worried should you be?
Read more...Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?
Read more...A must-watch speech by the great British socialist Tony Benn.
Read more...This is a wide-ranging interview with Bill Black on a subject of the keen desire of the public to see more corporate officials prosecuted for big business misdeeds, and why that never happens these days.
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