“Failed: What the ‘Experts’ Got Wrong about the Global Economy”
An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...Category Archives: Regulations and regulators
Japan Proves that “Fix Trade” Sales Pitch for TPP, TTIP, and TISA is Wrong
Funny how foreign firms have failed to break into Japan for reasons having nothing to do with regulatory barriers, which calls the logic of “trade” deals like the TPP into question.
Read more...Board Member Reveals That CalPERS Engages in Systematic Violation of California Open Meeting Statutes
CalPERS’ CEO and its staff are engaged in systematic, flagrant, and apparently long-standing violations of California’s open meeting law, the Bagley-Keene Act.
Read more...On the Lack of Courage in Regulators
Robert Jenkins, a former banker, hedge fund manager, and regulator, points out that regulatory reform has fallen short on multiple fronts, and perhaps the most important is courage.
Read more...The GXG Markets Fallout (II): Editwars and FOIA fights
GXG Markets is gone but the dirty dealings continue
Read more...Antitrust Incompetence from the FTC, as Albertson’s/Safeway Divestiture Goes Awry
Over the past several months, I’ve come to the conclusion that so many problems in our politics and our economy results from our tolerance of monopoly capitalism. I did a super-long story for The American Prospect laying this out, and how we need a revival of antitrust policy at the grassroots level. Here’s a depressing case study that suggests maybe we should just relieve one of the antitrust enforcement agencies, the Federal Trade Commission, of its duties.
Read more...Nina Eichacker: Lessons from Iceland’s Financial Crisis
A look at Iceland’s financial crisis, why it happened and what can be done to mitigate the potential for similar chaos in the future.
Read more...Hillary Clinton Appeal to 9/11 to Defend Wall Street Donations Was Bad, But This Was Worse
Hillary Clinton, is taking some heat for oddly deciding to relate her campaign donations from Wall Street to aiding Lower Manhattan after 9/11. This seems to be what the Gang of 500 has decided on as a gaffe, and it definitely has that odor. But I actually think Clinton said something even more egregious and revealing Saturday night. The problem is that the commentariat has deemed it some brilliant insight.
Read more...Gaius Publius: Can Miami Beach Survive Global Warming?
Miami Beach as a canary in the coal mine for global warming.
Read more...Matthew Cunningham-Cook: TPP – A Recipe for Financial Market Contagion
How the TPP would make financial firms that are “TIBACO” – that is, too interconnected, big, and complex to oversee – even more dangerous.
Read more...Supervising Culture and Behavior at Financial Institutions
Financial regulators increasingly acknowledge organizational culture as a source of systemic risk, yet they have been loath to do more than influence compensation structures, since they do not want to be perceived to be interfering with management. This post describes a new approach in the Netherlands that
Read more...Blackstone Executive Commits Perjury via Declaration That Information in SEC Order is “Confidential” and “Trade Secret”
Blackstone sees fit to tell flagrant legal lies even when the stakes are pathetically small.
Read more...Full Text of TPP, Including Annexes, and Boy is it Nasty
Yes, sports fans, the TPP is as bad as you feared it might be….
Read more...The UK’s Money Laundering Mess (II): HM Treasury Weighs in (and so Does Russia, With a $46Bn Money Laundering Allegation)
Even HM Treasury thinks the UK’s anti money laundering framework is a mess
Read more...Why Has Carbon Capture And Storage Not Taken Off Yet?
How the economics of carbon capture are impeding widespread adoption.
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