Despite facing prosecution on a number of charges, including widespread corporate espionage, Spain’s BBVA still wants to take over its third biggest rival. The ECB has already given its blessing.
Recent Items
Tuesday, July 15, 2025
The Curious Case of the Hostile Takeover Bid by a Bank Facing Criminal Charges
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 12 Comments »
Decisive Win for Pensioners, Taxpayers in Kentucky as Judge Wingate Rejects Attorney General’s “Get Out of Jail for Almost Free” Scheme for KKR and Blackstone
The plaintiffs seeking to claw back funds from misbehaving finance titans like KKR and Blackstone continue their winning streak.
Topics: Hedge funds, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 5:55 am | 16 Comments »
They Looted Companies — Now They’re Looting the Government
Poor and self-serving corporate oversight practices are going bigger and badder as they are taken to government.
Topics: Banana republic, Corporate governance, Economic fundamentals, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 12:41 am | 25 Comments »
Links 5/12/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 175 Comments »
How Long Until You Lose Your Constitutional Rights?
Trump adviser Stephen Miller is talking about suspending habeas corpus due to “invasion.” Whether that happens or not, we’re still seeing constitutional rights continue to erode as the “War on Terror” comes home.
Topics: Doomsday scenarios, Legal, Middle East, Moral hazard, New McCarthyism, Surveillance state
Posted by Conor Gallagher at 6:00 am | 33 Comments »
Trump Doubles Down on Gaza Cruelty With Threat to Cut UN World Food Programme Funding if the UN Rejects US Scheme (and a BRICS Note)
Another US disgrace in the form of a threat against the World Food Programme to advance a US son-of-floating pier scheme to feed Gazans.
Topics: Income disparity, Middle East, Politics, Social policy
Posted by Yves Smith at 5:17 am | 29 Comments »
Meet the People Profiting from US Military Aid to Israel
A genocide backed by economic interests is a big problem involving powerful actors. However, many people are taking action to affect the status quo.
Topics: Market inefficiencies, Middle East
Posted by Conor Gallagher at 5:00 am | 17 Comments »
“How Long Is It Before Reform Implodes?”
Is Reform less formidable than its stunning success in recent local council elections indicates?
Topics: Guest Post, Income disparity, Politics, Social values, The destruction of the middle class, UK
Posted by Yves Smith at 3:43 am | 35 Comments »
Links 5/11/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 151 Comments »
The Sunday Morning Movie Presents: The Night Stalker (1972) Run Time: 1H 14M
In The Night Stalker, a veteran reporter suspects a vampire is behind a series of gruesome murders in Los Vegas.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 31 Comments »
Forensic Science Faces an Identity Crisis
To avoid bias, should scientists direct evidence collection from a crime scene? Or should they stay removed from it?
Topics: Curiousities, Legal, Moral hazard, Science and the scientific method
Posted by Conor Gallagher at 6:00 am | 6 Comments »
Links 5/10/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 166 Comments »
Michael Hudson: The Catholic Church, the Crusades, and the Origins of International Banking
A wide ranging talk that corrects the record about banking, such as the the Catholic Church, as opposed to Jews, being the prime mover
Topics: Banking industry, Credit markets, Guest Post, Politics
Posted by Yves Smith at 6:54 am | 16 Comments »
How Some Independent Radio Stations Avoid Sounding Like Corporate Drones
Some hopeful independent media news, here on the radio front.
Topics: Guest Post, Media watch, Politics, Regulations and regulators, Social values
Posted by Yves Smith at 6:04 am | 45 Comments »
Coffee Break: More on the Disruption of American Science and Good News on Intranasal Viruses to Combat Respiratory Viruses
Part the First. A Few Words in Response to the Excellent Commentariat of Naked Capitalism. No one knows better than I that funding of science in the United States is hit or miss. My overall average flirts with the Mendoza Line, which is not so bad. For most I do not miss the grant treadmill/lottery, […]
Topics: Coffee Break, Environment, Health care, Science and the scientific method, Technology and innovation
Posted by KLG at 2:00 pm | 12 Comments »