Sears’ Terminal Slide: Bankruptcy and Likely Liquidation
Bankruptcy can only restructure debts; it cannot revive Sears’ mutilated brands and bring back mauled customers.
Read more...Category Archives: Ridiculously obvious scams
Is the Tide Turning on Regulating Facebook and Google?
The time is overdue to Do Something about Facebook and Google.
Read more...Why Hysteria Over the Italian Budget Is Wrong-Headed
A critique of the bad-model-induced fear-mongering over Italy’s proposed budget deficits
Read more...Hard-Brexit Lobbyists Demand UK Roll-Back Environmental Standards to Strike Free Trade Deals with India, China and US
Another ugly but far-from-secret element of what was in store with a Glorious Brexit.
Read more...Widely-Reported Study on Uber, Lyft Driver Economics Misses Fundamental Deterioration
Once again, some Uber and Lyft data that ought to generate more questions instead gets a free pass from the press.
Read more...Don Quijones: Multiple Online Banking Systems Go Down in the UK
Customers of three major UK banks were stymied by online banking problems Friday, when multiple systems crashed, limiting access to their accounts. Another installment in the ongoing war on cash.
Read more...SEC Enforcement Wanes on Trump’s Watch
SEC co-director of enforcement Stephanie Avakian delivered a speech in Dallas last week defending the agency’s enforcement record, as the number of cases brought and amount of fines collected both continue to drop.
Read more...Senators Unveil Legislation To Protect Patients Against Surprise Medical Bills
Medical bills are so out of hand that despite the power of the health industry lobbyists, some Senators are taking on the worst abuses.
Read more...Chevron Arbitration Ruling Against Ecuador ‘Completely Off Base’
A secret corporate arbitration panel in the Hague ruled that Ecuadorean courts’ $9.5 billion judgement against Chevron for environmental damages is illegal and should not be enforced. An expert argues that the decision is a travesty.
Read more...Marcie Frost‘s Poor Job as CalPERS CEO – Incompetence in Human Resources, One of Her Supposed Areas of Expertise
Marcie Frost’s track record as CEO of CalPeRS is not a pretty one.
Read more...Michael Olenick: Digging Into Data on the Student Loan Scam
A data dive shows that the student loan business is at least as bad as you think it is.
Read more...Gaius Publius: Big Oil Seeks Billions from U.S. Government to Protect It From…Climate Change
Big oil seeks yet another handout.
Read more...Why Is CalPERS Aggressively Promoting Internet Voting Despite Experts Like the National Institute of Sciences, Engineering, and Medicine Saying “Hell No”?
More proof that CalPERS has no shame.
Read more...Prisoners Strike Across America & Canada to End Penal Enslavement
Prison strike that began on August 21 is scheduled to end today, the forty-fifth anniversary of the Attica uprising and rebellion took place in the New York state prison, with prisoners protesting slave labor conditions and other injustices.
Read more...Waste Watch: Burberry Pledges to Stop Burning Unsold Goods
In one small step toward reducing waste in the fashion industry, Burberry has announced it will cease burning unsold goods and using animal fur in its products, with immediate effect.
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