Category Archives: Ridiculously obvious scams

Bill Mitchell: QE Failed in Japan

A short and devastating proof that QE was a bust in Japan.

Why the Problem Is Economics, Not Economists

A critique of the monoculture in economics.

Disruptive Finance Huffing and Puffing Won’t Blow Big Bank Houses Down

Why newfangled finance will not have much impact on the banking industry.

Through the Revolving Door, with a Few Stumbles – Health Care Corporate Executives and Consultants Continue to Become Leaders of Trump’s Department of Health and Human Services

As hard as it may be to believe, health care industry corruption is increasing, as measured by revolving door appointments.

Facebook, Privacy, and the Use of Data

The US press and punditry has been tip-toeing around the real problem with Facebook: that it has monopoly power.

Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700

Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.

Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume

A detailed documentation of the misrepresentations and inconsistencies in the resume presented by Charles Asubonten to CalPERS when he applied for the CFO post.

Don Quijones: After a String of Corporate Scandals and Collapses, “Big Four” Accounting Giants Face Breakup in the UK

The Big Four accounting firms desperately need to be reformed. But are UK regulators up to the task?

Remote-Controlled Self-Driving Cars: Unworkable Technology for Unproven Technology

Debunking a scheme to reduce the risk of self-driving cars: remote control operators.

The Hudson Report: The Economic Impact of Bipartisan Bank Deregulation

Michael Hudson debunks the talking points used to sell the just-passed bank deregulation bill.

Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda

Dissecting the New Yorker’s fawning profile of new Uber CEO Dara Khosrowshahi.

Wolf Richter: Collapse of Cryptocurrencies in Q1 – Even the Biggest Crashed 67% to 88%

Cyrptocurrencies’ wild ride is looking more and more like a skydive with no parachute.

Leaky Fed: New Study Uses Taxi Ride Data to Show Increase in Visits When Blackout Lifted and Around FOMC Meetings

Taxi ride data suggests that the Fed is throwing some juicy informational bones to big banks, whether by accident or design.

Current Kentucky Retirement Systems Trustees Considering Throwing Predecessors Under the Bus to Get Blackstone and KKR

Is a pension fund management revolution brewing in what would seem to be the most unlikely place, that hotbed of corruption, the Kentucky Retirement Systems?