Category Archives: Ridiculously obvious scams

Companies Are Paying Inflation Busting Dividends at Cost to the Rest of the Economy, Including Their Employees

How companies are paying dividends rather than investing in their business or paying employees better……and often borrow to do so.

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Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber’s Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders

Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable.

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Think the Financial Crisis Is Over? Mortgage Servicers Still Abusing Borrowers For 10+ Years, Thanks to Lax Fannie/Freddie Oversight

Mortgage servicers are torturing borrowers who have been unable to pay for over a decade. All they are doing now is ripping off governments.

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Hubert Horan and Izabella Kaminska: Can Uber Ever Deliver? Part Thirty: The “Uber Files” Are Not the Uber Exposé You Are Looking For

The Uber Files showUber’s bad conduct was deliberate, but miss that its poor economics meant Uber engaged in a confidence trick on society.

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