Bill Black: Free Markets Mean Zero Economic Profit – or a 99% Profit Markup
How “free market” ideology produces companies like Valeant, which Warren Buffett’s partner Charlie Munger called a “sewer,” “corrupt,” and “criminal.”
Read more...Category Archives: Ridiculously obvious scams
Gaius Publius: Politico – Less than 1% of the Hillary Victory Fund Benefited State Parties
The Hillary Victory Fund exposed as a campaign-finance-law-breaking money laundering operation.
Read more...Andrew Ross Sorkin Helps Obama Airbrush His “Economic Legacy” with Obsequious Exclusive Interview in the New York Times
Obama’s “economic legacy” contextualized.
Read more...Greg Palast on How the New York and US Elections are Being Stolen
Greg Palast describe the rationale and methods for deep-sixing registered voters.
Read more...UK’s Osborne Exempts Members of Parliament, Other “Politically Exposed Persons” From Money Laundering Oversight
The UK exempts Members of Parliament and other Special People from money laundering controls.
Read more...Towards a Theory of Shadow Money
Struggles over shadow money today echo 19th century struggles over bank deposits.
Read more...Caesars Bankruptcy Fight Over Alleged Fraudulent Transfers Opens Window on Private Equity Looting
Creditor suits against private equity kingpins Apollo and TPG for the failed Caesars’ deal have already revealed a lot of dirt, with more sure to follow.
Read more...How Not to Audit the Pentagon: The Military Waste Machine Is Running Full Speed Ahead
A look at wretched excess, Pentagon style.
Read more...Jamie Dimon Tells Us We Need to Leave Too Big to Fail Banks Alone
Jamie Dimon likes to write grandiose letters to shareholders. This year’s version is no exception.
Read more...#panamapapers – Why Critic Craig Murray Needs the Scorecard Before He Can Name The Players
Craig Murray keeps jumping the gun with his panamapapers pieces
Read more...New Zealand’s FMA, the Breder Suasso Conundrum, Mossack Fonseca, and #panamapapers
A quick look at Breder Suasso, a New Zealand FSP with historic links to disreputable Panamanian law firm Mossack Fonseca
Read more...Mainstream Media Ignores Blockbuster Expose of Massive Bribery in Iraq by Unaoil
Fairfax and Huffington Post have broken a monster story on bribery by Unaoil in Iraq that implicates major multinational corporations and officials all over the Middle East. So why the media blackout?
Read more...How McKinsey Helped Turn Big Pharma into a Rent Extraction Business
How McKinsey contributed to the devolution of Big Pharma.
Read more...Corporate Media Tries to Bury Sanders Alive
This Real News Network segment focuses on the media’s misconstruction, or more accurately, misrepresentation, of what superdelegates mean for the Sanders campaign.
Read more...Bill Black Speaks to TaxCast About the Political Coalition Against Financial Regulation
This month’s TaxCast features Bill Black on the Whistleblowers United regulatory reform proposals plus why tax amnesties are a bad idea.
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