Category Archives: Regulations and regulators

The Free Market Threat to Democracy

Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.

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.

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…

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.

Trump Team to Rescind Methane Rule

The Trump team has moved to replace his predecessor’s methane rule– further dismantling the weak federal climate change regulatory edifice.

An Aetna “Fake Accounts” Level Scandal? Medical Director Admits He Never Reviewed Medical Records Before Denying Care

An Aetna medical director said he didn’t review any cases, a bombshell admission even for one doctor, and damning if a normal practice.

Shareholder Proposals Target Climate Change Risk

Shareholders step up demands for companies disclose more information about the impact of climate change; these calls extend beyond energy companies.

Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers

It is not an exaggeration to call RBS evil. See some of the reasons why.

Banks Wince as Wells Fargo Gets a Harder Than Usual Wet Noodle Lashing from the Fed

The Fed implements some new punishments at Wells Fargo, but this is weak tea when what is needed is rat poison.

Nomi Prins: Trump’s Financial Arsonists

How Trump’s financial deregulators are arranging more gimmies to banks.

Patient Dumping: A “New” Cost Savings Strategy for Hospitals

Some hospitals have put indigent patients out on the street, clad only in hospital gowns, something that was previously unthinkable.

UK Consternation Over EU Not Accommodating City of London in Brexit…Just As It Said It Would Not Do

The UK financial services is being told “no” yet again….will the message finally sink in?

The International Economic Consequences of Mr. Trump

The Trump Administration sees no value in international economic institutions or cooperation, abandoning the role of steward of the system.

UK Political Pressures Rise….Because EU Does Exactly What It Has Been Saying It Would Do on Brexit

When you think the UK has made as much of a mess of Brexit as it possibly can, it manages to do even more.

Fallout from Carillion Collapse Hits KPMG

Carillion collapse demonstrates Big Four auditing firms are not only too big to fail, they’re too big to replace.