First a political fracas in Malta, now a giant international bribery scandal: New Zealand Foreign Trusts cover themselves in more glory
Read more...An update on the Brexit referendum.
Read more...Europe’s banks are in retreat from playing a global investment banking role.
Read more...What word best describes how distasteful it is to see obscenely rich men complain that they aren’t as rich as they think they ought to be? The subhead on a new Financial Times story on private equity tell us: “PE believes investors do not grasp their long-term cash flow generation capabilities.” In other words, this […]
Read more...The current and former governors of the Bank of England are singing from very different hymnals on the subject of Brexit.
Read more...How McKinsey contributed to the devolution of Big Pharma.
Read more...This month’s TaxCast features Bill Black on the Whistleblowers United regulatory reform proposals plus why tax amnesties are a bad idea.
Read more...A little sniff at the New Zealand operations of notorious Panamanian law firm Mossack Fonseca
Read more...Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...The Financial Crisis Inquiry Commission released a raft of documents from its 2010 investigation, including interviews with senior government officials like Alan Greenspan, Hank Paulson, and Sheila Bair, as well as other individuals deemed to be prominent like Warren Buffett and subprime short-seller Steve Eisman. It’s hard to see the justification for keeping information from […]
Read more...It’s easier for liberals to blame Trump voters for racism than to blame themselves for the job-loss and pain of the working class.
Read more...Brexit could damage London’s attractiveness as the centre of European banking, as an entry point to the EU and as a global financial hub.
Read more...TransCanada has filed a $15 billion lawsuit against the US under NAFTA or scuttling its cross-border pipeline. The TPP gives foreign investors even stronger rights.
Read more...A review of where the mortgage settlement money went is a reminder of how wronged borrowers were giving cheap and largely empty promises rather than meaningful help.
Read more...A must-see documentary on Flint’s water crisis.
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