Category Archives: Ridiculously obvious scams

John Helmer: IMF Loan to Ukraine Props Up Failing Banks, Enriches Oligarchs

One reason for our continued coverage of the IMF generosity to Ukraine isn’t simply to demonstrate how the institution is bending its rules to support US adventurism. It’s also to highlight the striking contrast with the treatment of Greece. While Greece has a class of oligarchs that specialize in tax-evasion, Ukraine is widely recognized as a spectacularly corrupt country, to the degree that it makes Greece look like a paragon of virtue.

The Money Laundering Web: HSBC, Margaret Hodge, Sir Alan Duncan, Vitol…and Mossack Fonseca

Fallout from the HSBC session of the Public Accounts in which Mossack Fonseca’s name cropped up and Margaret Hodge administered a few tongue-lashings

Rationalizing Lunacy: The Policy Intellectual as Servant of the State

Andrew Bacevich excoriates policy intellectuals as a “blight on the republic”.

Look Who is Selling the TransPacific Partnership

Some Serious Economists have signed a letter supporting the TransPacific Partnership and the Transatlantic Trade and Investment Partnership. The missive says a lot about the discipline, and not in a good way.

Mapley Fights Back: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VIII)

It’s high time I updated the APGMI part of the saga of Virgin Gold Mining Corporation. Here’s a round-up of the relevant parts of this sprawling series.

HSBC’s Money Laundering Nightmare (1): Mossack Fonseca

HSBC’s top brass have “no idea” about Mossack Fonseca. Here’s a primer.

Bond Star Sir Roger Moore, Three Million Phantom Geese in China, and a New Zealand Financial Services Provider

Ilargi: How Far Is It From Kiev To Athens?

A detailed analysis of why the unbelievably uncreditworthy Kiev government is getting big IMF loans.

Bill Black: HSBC CEO – My Pay Was so Outrageous I Had to Use Tax Havens to Hide it from My Peers

This tidbit from HSBC reveals a new low in the standards of banking, which given how low those already are, amounts to an accomplishment of sorts. Perhaps we should create a Stuart Gulliver Award for other instances of creative extreme seaminess. Nominees?

The Mitt Romney Connection: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VII)

… while FBI agents, moved from white collar fraud investigations, help search behind bushes for an Al Qaeda terrorist, hundreds of swindlers roam Utah. – Lynn Packer, utahpoliticalcapitol.com Mitt would make a good Moses. Think about it. – Former Romney campaign official By Richard Smith Let’s start in 2006, with one of The Seattle Times’ […]

The Boston Globe Covers Up for Wall Street, Ignores Swaps Losses in Coverage of MBTA Turmoil

A new Boston Globe story, The T’s long, winding, infuriating road to failure, purports to be “the true story of the breakdown,” a “a decades-long tale of grand ambitions and runaway costs.”

Funny how this 2500 word article makes nary a mention of the huge losses that the Boston Metropolitan Transit Authority made, along with many other easily duped transit authorities, on swap transactions that went massively against them in an environment of seemingly permanent low interest rates.

John Helmer: Amazing Pentagon Weapon Penetrates Putin’s Brain Before He Was Born – President Reagan’s Brain Secret Confirmed, With Poroshekno’s and Nuland’s

If you’ve read The Men Who Stare at Goats, you already know that the defense establishment has a peculiar fondness for funding quackery. But this is still a doozy.

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Category Archives: Ridiculously obvious scams

John Helmer: IMF Loan to Ukraine Props Up Failing Banks, Enriches Oligarchs

The Money Laundering Web: HSBC, Margaret Hodge, Sir Alan Duncan, Vitol…and Mossack Fonseca

Rationalizing Lunacy: The Policy Intellectual as Servant of the State

Look Who is Selling the TransPacific Partnership

Mapley Fights Back: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VIII)

HSBC’s Money Laundering Nightmare (1): Mossack Fonseca

Bond Star Sir Roger Moore, Three Million Phantom Geese in China, and a New Zealand Financial Services Provider

Ilargi: How Far Is It From Kiev To Athens?

Bill Black: HSBC CEO – My Pay Was so Outrageous I Had to Use Tax Havens to Hide it from My Peers

The Mitt Romney Connection: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VII)

The Boston Globe Covers Up for Wall Street, Ignores Swaps Losses in Coverage of MBTA Turmoil

GXG: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VI)

Bill Black: Criminal Tax Evader HSBC’s CEO Resorts to Bank Apologist Fable of the Virgin Crisis

Questus: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (V)

John Helmer: Amazing Pentagon Weapon Penetrates Putin’s Brain Before He Was Born – President Reagan’s Brain Secret Confirmed, With Poroshekno’s and Nuland’s

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