Just when you think the SEC can’t possibly to more to demonstrate how toothless it is, it reinforces its sorry reputation in by gutting its Dodd-Frank mandated whistleblower, and worse, in a manner that Commission Kara Stein suggest is illegal.
Read more...House of Commons committee launches inquiry into environmental costs of fast fashion, with a misplaced emphasis on recycling rather than reducing consumption outright.
Read more...Bill Black discusses how even though Goldman Sachs and Morgan Stanley failed their recent stress tests to determine whether these banks can weather a financial crisis, the Fed allowed them to pay billions in dividends and stock buybacks to investors.
Read more...Why is it entirely sensible to regard stock markets as Ponzi schemes.
Read more...Fueled by fracking in the region, petrochemical and plastics projects in the Ohio River Valley are attracting tens of billions of dollars in investment, overwhelming state regulators who are unprepared and ill-equipped to oversee this next wave of industrialization.
Read more...California passes privacy legislation, which pre-empts a more sweeping ballot initiative previously scheduled for November.
Read more...No matter what the scandal is, when it comes to financial secrecy and tax dodging, the so-called big four accountancy firms are key players. The latest June 2018 Taxcast discusses how accountants broke capitalism.
Read more...The EU is rethinking its policies on foreign direct investment. Recent Chinese investment into ports may impact the final rules.
Read more...As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...An official “put on your life jackets” Brexit warning.
Read more...Japan and the United States decline to endorse G-7 Ocean Plastics Charter– a voluntary effort inadequate to the scale of the problem but better than outright neglect.
Read more...Net neutrality is dead. Long live net neutrality.
Read more...Trump enforcement actions extend prior Foreign Corrupt Practices Act trend, targeting foreign companies, and diverting federal prosecutorial resources.
Read more...Comprehensive analysis of why it matters that fracking companies are overestimating their ‘proved’ oil and gas reserves– as allowed under an SEC rule change.
Read more...Purdue Pharma’s slogan for OxyContin was: “The One to Start With and the One to Stay With.” As reader Brian C added, “Stay with alright….’Till death do us part.'”
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