Jay Clayton’s SEC Lets Theranos Founder Elizabeth Holmes Get Away With Brazen Fraud
The SEC did Elizabeth Holmes a monster favor with its pathetic settlement over her “massive” Theranos fraud.
Read more...Category Archives: Regulations and regulators
Senate Expands ‘Lobbyist Bill’ to Deregulate Real Estate
Why the plan to weaken regulation of commercial real estate lending isn’t such a hot idea.
Read more...Cryptocurrencies as Prosecution Futures: Judge Rules Manipulators Can Go to Jail
The Wild West of cryptocurrencies just got a little less fun.
Read more...Meet the Democrats’ ‘Dirty Dozen’ Working to Gut Financial Reforms
Yet again, the Democrats sell out voters to moneyed backers, this time ones in the banking industry.
Read more...Trump’s Steel and Aluminum Tariffs: How WTO Retaliation Typically Works
A review of some of the permitted counter-moves under WTO rules if Trump imposes tariffs.
Read more...Wall Street Journal Hyping Amazon Banking: “Ridiculous, Ridiculous, Ridiculous”
The Wall Street Journal gets itself duped into publishing some particularly flaky, um, nebulous, um, aspirational Amazon banking ideas.
Read more...Brexit-Induced Pillaging of the UK Starts: US Fleecing UK on Must-Have Air Transport Pact
Yet another Brexit shoe is about to drop….this one on the aviation front.
Read more...Elizabeth Warren Slams Democrats for Helping Gut Financial Regulations
The financial services industry is about to get even more unnecessary, risk-feeding breaks, thanks in no small measure to Democrats.
Read more...So Bad the DoJ Woke Up: Saline Bag Makers Look to Have Endangered Patients Via Illegal “Tying” and Price Gouging
Saline bags are a new example of medical industrial complex rent extraction that also put patients at risk.
Read more...More Frequent Central Bank Communication Worsens Financial and Macroeconomic Forecasts
Too much communication from central banks to the market may be a problem, creating a cacophony of policy voices.
Read more...FinTech and Banks
Why FinTech will not be as disruptive as its promoters would have you believe.
Read more...Stock Buybacks Hurt Workers and the Economy. We Should Ban Them.
The Reagan Administration ushered in stock buybacks as legalized manipulation. Time to put it to an end.
Read more...Why CalPERS Private Equity Outsourcing Beauty Show Is Arbitrary and Capricious
More evidence that CalPERS is making a hugely important and costly decision in a cavalier, even reckless, manner.
Read more...Bitcoin as Prosecution Futures: Coinbase Agrees to Turn Customer Records Over to Department of Justice for Possible Tax Evasion
Even in the US, which so far has been more lenient toward cryptocurrencies than China, the noose is tightening. Top Bitcoin exchange Coinbase has decided that trying to defy the law, in terms of not complying with a IRS summons requiring it to turn over information about customers who had engaged in more than $20,000 […]
Read more...Trump SEC Fails to Pursue Aggressive Deregulatory Agenda (Albeit from Previous Pathetic Baseline)
WSJ reports Trump SEC has failed to pursue an aggressive deregulatory agenda; legislation necessary to disable securities framework further.
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