How McKinsey Helped Turn Big Pharma into a Rent Extraction Business
How McKinsey contributed to the devolution of Big Pharma.
Read more...Category Archives: Regulations and regulators
Bill Black Speaks to TaxCast About the Political Coalition Against Financial Regulation
This month’s TaxCast features Bill Black on the Whistleblowers United regulatory reform proposals plus why tax amnesties are a bad idea.
Read more...Mossack Fonseca: The New Zealand Connection
A little sniff at the New Zealand operations of notorious Panamanian law firm Mossack Fonseca
Read more...Banks Once Burned, Now Twice Shy About Taking on More Takeover-Deal-Related Junk Debt
Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...Former Citi Vice Chairman Robert Rubin, Target of DoJ Investigation, is Too Big to Jail
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...Gaius Publius: When Trump Talks Trade, Voters Listen
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 Endangers London’s Status as a Financial Hub
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...Could This Lawsuit Be the Straw That Breaks the TPP’s Back?
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...Wall Street Journal Analysis of Mortgage Settlements Shows Very Little Went to Wronged Borrowers
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...Flint’s Water Crisis: A Chronicle of Disenfranchisement, Denial, and Buck-Passing
A must-see documentary on Flint’s water crisis.
Read more...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...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.
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