Haim Bodek is a former Goldman and UBS trader, more recently the founder of his own trading firm, who has come firmly out against how stock exchanges work with high frequency traders. Readers spoke approvingly of this recently-released short documentary about his efforts.
Read more...Carbon credit clearer Gemmax Solutions admits that it can’t clear carbon credits, and hasn’t been able to, for nearly a year.
Read more...Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Read more...Lotus F1 quietly drop AGT from their Official Team Partner list just after Naked Capitalism tells the world that AGT’s a scam.
Read more...A sceptical look at anti-carbon-scam enforcement activities in the UK.
Read more...A last look at the lovely contact list of scammers’ friends, Carbon Neutral Investments Limited
Read more...On the Lotus Formula 1 team’s unfortunate entanglement with Advanced Global Trading of Dubai.
Read more...Naked Capitalism notes that Carbon Neutral Investments, subject of a consumer warning by the UK’s FCA, has deals with Formula 1 teams McLaren and Sauber, Lord Heseltine’s publishing firm Haymarket, Newcastle United Football Club, and a host of PR and events companies, and wonders what the hell is going on.
Read more...Carbon Neutral Investments and the ‘recovery room’ scam
Read more...The Gumball 3000 event is helping a deeply dodgy British firm with its marketing.
Read more...The Sauber F1 team and their dodgy partners, Carbon Neutral Investments
Read more...Mayor Bloomberg stitched up by Italian Vogue and a dodgy financial firm: his image and words are being exploited to market carbon credit scams
Read more...Yves here. Readers will notice how closely the US banking model hews to the UK version (or more accurately, original), particularly in its predatory practices.
Read more...Congressmen Alan Grayson and John Conyers have published a well-thought-out proposal on bank equity, with the objective of assuring that when banks do stupid things (which they do with great regularity, even before the era of casino banking, they’d embrace some new fad and run off the cliff together, like lemmings), they have enough capital to absorb losses. And that means a lot more capital than regulators are demanding they have now.
So I urge you to co-sign their letter (full text below) at http://nobankwelfare.com/.
Read more...I thought I was late to write about JP Morgan’s $920 million multi-regulator settlement last week on the London Whale, but breathless news of a possible $11 billion settlement of mortgage-related liabilities has pushed the bank and its chief back under the hot lights.
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