Bill Black: The Whistleblowers’ Third Lemon Award is to Fannie and FHFA
Fannie and the FHFA are fighting whistleblowers, even though Fannie is in conservatorship and cleaning up Fannie is in the public’s interest.
Read more...Category Archives: Regulations and regulators
Why the Oregon Refuge Occupiers Had a Legitimate Grievance…..Just Not the One They Went After
Small ranchers are being squeezed and the Oregon refuge occupiers had real grievances, but the wrong target.
Read more...Wolf Richter: Bavarian Banks Hoard Cash in Revolt Against ECB Negative Interest Rates
Little Bavarian banks take a bit shot at the ECB.
Read more...Life after Brexit: The UK’s Options Outside the EU
What are UK’s options if a majority votes in favour of Brexit this June?
Read more...Bill Black: The Clintons Have Not Changed – The Clintonian War on the IG Watchdogs
Hillary Clinton refused to appoint even the weak watchdog of an Inspector General (IG) at the State Department.
Read more...Hoisted From Comments: Banks Supporting the War on Cash
Banner Bank in the state of Washington closed a reader’s account because he made too many cash withdrawals. An overly conservative implementation of “Know Your Customer” rules or a sign of things to come?
Read more...Social Security Privatizer Larry Fink of Giant Asset Manager BlackRock is a Clinton Treasury Secretary in Waiting
Social Security enemy Larry Fink appears to have troublingly high odds of becoming the Clinton Treasury Secretary nominee.
Read more...A Proposed Natural Gas Pipeline is Next to a Nuclear Power Plant. What Could Go Wrong?
Someone needs to remind the overseers of old nuclear power plants that tail risks are greater than they think.
Read more...CFTC Commissioner Giancarlo Admits to Hijacking Advisory Committee to Boost Commodity Speculators
Last week, an advisory committee to the Commodity Futures Trading Commission produced a highly dubious report recommending that the agency abandon the Dodd-Frank mandate of setting position limits in futures markets to eliminate excessive speculation. The report was just an enhanced form of lobbying; eight of the nine members of the Energy and Environmental Markets Advisory Committee (EEMAC) have ties to industries that would personally benefit from killing the rule.
The big question was how an official advisory committee of a federal agency could turn into a purely distilled conduit for corporate talking points? And the answer is Christopher Giancarlo, the lone Republican commissioner on CFTC at the moment, who took advantage of the committee, twisted it to his own ends, and produced a work product destined to be used in future litigation to overturn the position limits rule.
Read more...Donald Trump’s Truly Absurd, Word Salad, Gibberish Health Care Policy
Trump’s health care plan, to the extent it can even be called a plan, makes no sense.
Read more...Germany Lays the Foundations for a New Eurozone Debt/Banking Crisis
It’s astonishing to see Germany take active steps to wreck the Eurozone.
Read more...Please Attend or Listen to Bank Whistleblowers United Event This Thursday in DC
Please support Bank Whistleblowers United by participating in their first public event.
Read more...California Treasurer and CalPERS Board Member John Chiang Introduces Private Equity Transparency Bill
California Treasurer John Chiang’s private equity transparency bill has been launched. How does it stack up?
Read more...The UK’s Money Laundering Mess (III): LLPs, Secrecy Jurisdictions, PSCs, and a Forthcoming Fiasco
Why the UK’s latest anti money laundering measures don’t look very convincing
Read more...Hard Times for Italian Banks
The overview: “They argue that rather than spending time revising rules that have already been agreed, alternatives should be considered to make the guarantee schemes as effective as possible.” Translation: “Time to go back to the drawing board.”
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