Category Archives: Risk and risk management

Crash Landing? Part 1 – Bonfire of the Banks

Satyajit Das looks at how banks got themselves into so much trouble and what the recent bailouts portend.

The Fed Accused of ‘Playing With Fire’ After Latest Rate Hike

The Fed confirms that its priority is crushing workers, and it believes it’s protected banks enough to allow it to continue.

How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis

Why the expected official response to this bank panic wil make matters much worse, just not right away.

Were the Bank Bailouts the Result of Rising Wealth Concentration?

Are many of the explanations of the recent bank tsuris barkign up the wrong tree?

Michael Hudson Talks to Ben Norton About SVB and Bank Failures

Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies

SVB and the Only Choice We Have

How the SVB bailout confirms the dedication of the elites to self interest only.

Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding

Peeling back more layers of the SVB implosion and its broader implications.

US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare

An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.

Rail Workers Warn Safety Bill Loopholes Are Big Enough to ‘Run a Freight Train Through’

Post East Palentine rail safety reform proposals are embarrassingly unserious.

Jim Chanos: The Golden Age of Fraud in Finance

Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.

Why, Despite RAND’s Recommendation, the Ukraine War Is Unlikely to End in a Negotiated Settlement

The timing of a Blinken interview and a RAND paper release points to elite splits over Ukraine. Sadly the warmongers are still in charge.

Why Are We So Afraid of Nuclear Power?

Nuclear energy is greener than renewables and safer than fossil fuels. But people seldom make decisions based on facts.

Crypto-Focused Silvergate Bank Got De Facto Backdoor FDIC Bailout via $4.3 Billion Federal Home Loan Bank Advance

More crypto chicanery! How crypto-focused bank Silvergate got a very big ticket rescue from a quasii-government mortgage banker’s bank.

A Crisis Is Looming For The U.S. Energy Grid

The US plans to further stress its grid with electricity vehicle demands, with no plans for upgrades.

FTX/Alameda’s Caroline Ellison and Gary Wang Sign Plea Deals for Seven Felonies in Hopes of Reduced Sentences; New SEC Filing Adds Charges Based on Deeming FTT a Security

More shoes drop in the FTX saga as Caroline Ellison and Gary Wang cooperate with officials and we get an idea of the tales they are telling.