The UK’s Money Laundering Mess (III): LLPs, Secrecy Jurisdictions, PSCs, and a Forthcoming Fiasco
Why the UK’s latest anti money laundering measures don’t look very convincing
Read more...Category Archives: UK
Ann Pettifor: Why Radical Monetary Policy Failed in the UK
The failure to use fiscal policy in tandem with monetary policy means that the timid and short-sighted private sector has lacked confidence to ratchet up investment in productive, income-generating activity – as opposed to speculative activity.
Read more...2015: A Failing Fiscal Policy
Although the case study is the UK, this post is yet another example of how counterproductive austerity is, from both an economic and a social perspective.
Read more...Deflation Denialism: No, Chancellor, 0.5% Inflation is Not “Welcome News”
What is deflation? What has caused inflation to fall? And why is there no such thing as ‘good deflation’?
Read more...Oxford City Football Club and its Onanistic Owner, Thomas Guerriero
Let’s start our latest illustration of how easily a reckless, internationally mobile crook can sidestep national regulators, with a helpful observation by Bess Levin at Dealbreaker in May 2010: Let it be known: if you are not interested in having your supervisor (circle all that apply:) send you videos of himself masturbating, texts about the […]
Read more...Why We Brits Should Vote for Brexit
Why England would be better served by leaving the European Union.
Read more...The UK’s Money Laundering Mess (II): HM Treasury Weighs in (and so Does Russia, With a $46Bn Money Laundering Allegation)
Even HM Treasury thinks the UK’s anti money laundering framework is a mess
Read more...Don Quijones: US Threatens UK over Brexit Vote
The spectacle of the US attempting to influence UK domestic politics through having the US Trade Representative Michael Froman issue a threat is pathetic, overreaching, and unconvincing.
Read more...The UK’s Money Laundering Mess (I)
The Billion Dollar Moldova Bank Scam: gateway to the UK’s money laundering mess
Read more...The Billion-Dollar Moldovan Bank Scam, Scottish Limited Partnerships, and the UK’s Anti-Money-Laundering Mess
The BBC follows up on the billion-dollar Moldovan bank scam, and Naked Capitalism kicks off a new series on money laundering in the UK
Read more...GXG Markets Fallout (I): Capital Venture Europe Sues GXG
The fallout from GXG Markets closure begins: Capital Venture Europe files a lawsuit
Read more...Corbynomics 101: A Guide to People’s QE (PQE)
Why the three big charges commonly made against Corbyn’s “People’s Quantitative Easing” or PQE, are all wet.
Read more...Corbyn: The Day After
Corbyn’s victory, the press, the Overton Window, the party, and the future.
Read more...Questus Global Capital Market, Scam Stock: an Update
Updating the bizarre story of Questus Global Capital Market, a New Brunswick-incorporated, GXG-listed, New-Zealand-FSP-brokered company of monstrously fraudulent aspect that had apparently ensnared a Malaysian billionaire, various US-based small businesses and retail investors, and a couple of princes from the royal families of Kuwait and Abu Dhabi.
Read more...London Capital and the Bryan Cook – Thomas Yi Scam Spree, 2010 to 2015
Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious […]
Read more...