How a new paper on HAMP manages, by not understanding the program. to whitewash it as well as promote financialization.
Read more...Michael Hudson on his themes of how banks are mainly funding real estate rather than the economy and the problem of failing to write down debt that can’t be repaid.
Read more...the possibility that the coupon payment on the CoCos issued by a single bank might be suspended led to very adverse dynamics in the entire market for CoCos that cannot be totally explained by banks’ fundamentals.
Read more...Is Trump serious about lowering drug prices in the US? And even if he is, how far might his plans get?
Read more...Yet another hard/crashout Brexit train wreck: implementing adequate border controls.
Read more...Mr. Market is worried about banks, particularly European ones.
Read more...Latest updates on the right to repair, discussing crucial skirmishes in the ongoing war on waste. The Economist recognizes the important issue, and US DHS supports Apple’s spurious, anti-repair claims.
Read more...Grocery chains as yet another example of private equity looting, and what policymakers should do to stop that.
Read more...Although recycling is far from a viable solution to the world’s plastic problem, even these inadequate efforts are lacking, as press accounts from last week of corruption in the UK recycling industry, and Japan’s lag in implementing even the limited plastic reduction measures undertaken elsewhere reveal.
Read more...The remarkable tale of the biggest private equity fund insolvency evah, Abraaj.
Read more...The time is overdue to Do Something about Facebook and Google.
Read more...How the Swedish Riksbank just put its finger on the scales of the climate change debate in a big way.
Read more...Why limited liability for banks is not such a hot idea.
Read more...Novating UK derivatives contracts entered into by EU clearinghouse members is a ginormous mess, particularly in a Brexit crashout. But how serious a mess?
Read more...Now that China has banned imports of plastic waste for recycling, US plastic waste exports to southeast Asia surge.
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