FinTech and Banks
Why FinTech will not be as disruptive as its promoters would have you believe.
Read more...Category Archives: Regulations and regulators
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.
Read more...Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100
Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.
Read more...Supreme Court Narrows Dodd-Frank SEC Whistleblower Protections
Supreme Court’s whistleblower protections decision may lead employees to call the SEC rather than risk an internal corporate complaint.
Read more...Tories Double Down on Brexit Fantasies as EU Again Says “Nein”
Yet another Groundhog Day in Brexit land…
Read more...“Life in the Sweatbox,” Personal Bankruptcy, and the Narrative of Utilitarian Calculus
The false narrative that made personal bankruptcy law so hellish
Read more...Treasury Proposes Dubious, Untested Chapter 14 Bankruptcies for Too Big to Fail Banks
Treasury released an ideologically-driven proposal to change Dodd Frank’s resolution authority.
Read more...Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely
Another item on the Brexit problem list: what to do about free trade agreements that will cease to apply to the UK on Brexit day.
Read more...The Free Market Threat to Democracy
Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...Gaius Publius: Obama Energy Secretary Named to Board of Utility Giant
Obama alumni taking revolving door Big Energy jobs puts paid to the idea that Dems are less beholden to corporate interests than the GOP.
Read more...Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers
Wells Fargo is still up to no good…
Read more...Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.
A detailed and well-argued explanation of how the growth in the role of financial markets has become destructive.
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