Bill Black: Why Whistleblowers’ Disclosures Need Protection Under the Law
Big companies work hard at silencing whistleblowers. Here are some ways to keep them from shutting whistleblowers down.
Read more...Category Archives: Regulations and regulators
Eurozone Stability Under Threat of a ‘Bad Shock’
Remarkably, an increasing number of economists believe the Eurozone has addressed its weaknesses. Shades of the Great Moderation, circa 2006.
Read more...SEC Shamed: Whistleblower Refuses Multimillion Dollar Award Due to Ex-Deutsche Bank Attorneys at SEC Protecting Deutsche Execs (and Themselves)
Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Read more...Brexit Delusion Rises Even Further: City Pumping for Presumptuous, Nightmarish-to-Negotiate “Swiss Plus” Plan
The Brexit fantasies get even bigger as the City pumps for a na ga happen “Swiss plus” plan.
Read more...Tom Miller Pens Love Letter to Settlements with Financial Fraudsters
You could spread around a lot of blame for the current state of our two-tiered system of justice and lack of accountability, particularly as it relates to the financial sector. But if you wanted to find the most pathetic figure involved in that whole rigamarole, all roads lead to Iowa Attorney General Tom Miller.
Read more...And Then There Were 3? Three Trials Over Financial Firm Audits Loom for Big Four Firm PwC
PricewaterhouseCoopers faces three potentially serious trials over allegedly negligent audits of failed financial firms. The most significant launched earlier this month in a Florida state court. Other big four firms successfully settled claims.
Read more...Big Wall Street Firms Make Lame Excuse for Volcker Rule Non-Compliance, Ask for Additional Five Year Extension
Big Wall Street firms like Goldman and Morgan Stanley offer “dog ate my homework” excuses for failure to comply with the Volcker Rule.
Read more...Bill Black: Thomas Friedman – Deregulation Makes Banking Safe
Thomas Friedman, who needs to be renamed “Wrong Way Friedman,” tries peddling the canard that deregulation is a plus for bank stability.
Read more...Bill Black: Thomas Friedman’s Big Idea for Hillary – Embrace Wall Street and Deregulation
Help us, Tom Friedman is at it again…
Read more...Instant Payment Services – Payer Beware
How the New York Times does its readers a huge disservice by not telling them that so-called “instant payment services” are anything but that.
Read more...New Zealand Foreign Trusts: the Scandals, the Reforms, and Some Throat-Clearing From the EU
NZ’s promised Foreign Trust reforms still don’t look quite right
Read more...Shaky State of North-South Relations
North-South, or developed-emerging economy dealings, are becoming more contentious.
Read more...Americans for Financial Reform Calls Out Private Equity Broker-Dealer Abuses as Latest Example of SEC’s Weak, Selective Enforcement
Americans for Financial Reform, an influential group, calls on the SEC to act to combat a long-standing private equity abuse.
Read more...European Bank Shares Fall Out of Bed as Monte dei Paschi Rescue Fails to Reassure
Investors in European bank shares are in a bit of a panic, and for good reason.
Read more...The Politically Expedient German Scheme for Eurozone Sovereign Debt Bail-Ins
Yet another half-baked European bail-in plan.
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