New Zealand: Icon Sachs (Whatever That is), Fennas Finance, a Bank Account at an ANZ Napier Branch, a Conspiracy Theorist And a Ponzi Scheme
Yet more strange sightings in the New Zealand Register of Companies
Read more...Category Archives: Ridiculously obvious scams
Wall Street Journal Tallies DoJ and SEC’s Pathetic Record in Tackling Wall Street Crime
The officialdom continues to defend the half-hearted effort by the DoJ and SEC to pursue financial services industry misconduct.
Read more...New Zealand: the World’s Tiniest Stock Exchange, ‘a Big Ponzi Scheme’, and Other Crazy Tales From John Key’s Financial Services Hub
New Zealand’s Offshore Financial Services Providers: a new sampling of strange creatures
Read more...Unsealed Documents Reveal Former White House Officials Violated Fannie/Freddie Conservatorship Rules, Apparently to Advance Bank-Enriching “Reforms”
The Administration has refused to turn over over 12,000 documents in a lawsuit against how the government operated Fannie and Freddie in their conservatorship. The major bone of contention is that Treasury stripped them of all profits, which damaged the remaining private shareholders. But the unsealing of a small batch of government records shows why […]
Read more...The Pentagon’s Budgetary War on Accountability
Why the Pentagon always has the money it needs, and a lot more too.
Read more...SEC Conference Features Former Official Calling for Fraudsters to be Protected from Career Harm
No matter how bad you think things are at the SEC, you routinely find out that they are worse, as a recent conference revealed.
Read more...CalPERS Invests in Toll Road Even Though Those Deals Consistently Lose Money
CalPERS ventures into the looting of local populations via investing into a famous toll road-gone-bad deal that has been restructured.
Read more...Bill Black: Mankiw’s Mythical Ten Commandments of Theoclassical Economics
Examining Maniw’s core myths, um, principles, and how they are dangerously misleading.
Read more...Hedge Funds Want a Pony, Um, Permanent Capital, as More Investors Exit
Hedge funds are trying to sell a (sort of) new idea, that of permanent capital. But why on earth would anyone in their right mind buy it?
Read more...Bill Black: Greg Mankiw’s Unprincipled Economics Indoctrination
Exposing Greg Mankiw’s basic economics textbook as an exercise in dogma.
Read more...Democratic Establishment’s Thuggish Power Grab at Nevada Convention
The Democratic party establishment shows its true colors in Nevada.
Read more...Ian Fraser: Just How Corrupt is The UK?
Never mind the “fantastically corrupt” Afghanistan and Nigeria. What about the UK?
Read more...Michael Hudson: Warning to Europe – How the TTIP Threatens Public Health Care and Pensions
Why the TTIP poses a wide-ranging threat to European health and pension policies.
Read more...Gaius Publius: A Corporate Convention: “Comcast Presents … The Democratic Party. Welcome to Philadelphia.”
The Democratic party convention will put its big-money soul on tawdry display.
Read more...Consumer Financial Protection Bureau to Put End to Mandatory Arbitration for Consumer Loans, Credit Cards
Ding, dong, the witch of mandatory arbitration is (on its way to being) dead.
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