Investigations by European and Ukrainian prosecutors revealed an alleged investment fraud with funds laundered via UK corporate entities
Recent Items
Monday, December 22, 2025
European Investment Scammers Allegedly Laundered Their Money through Scotland
Topics: Banana republic, Banking industry, Corporate governance, Globalization, Guest Post, Income disparity, Investment management, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 5:56 am | 7 Comments »
‘This Is a Battle Between What People Need & What Money Wants.’ How’s That Going to End?
Class warfare, American style, is ever more obvious. But how much are ordinary people taking note?
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Ridiculously obvious scams, Social policy, Social values, Taxes, The destruction of the middle class
Posted by Yves Smith at 5:06 am | 77 Comments »
Why Does Congress Fight Over Childcare But Not F-35s?
Details on why Congress is addicted handing out military pork as opposed to spending money on citizens’ needs.
Topics: Banana republic, Economic fundamentals, Guest Post, Income disparity, Macroeconomic policy, Media watch, Politics, Ridiculously obvious scams, Social values, The destruction of the middle class
Posted by Yves Smith at 3:39 am | 36 Comments »
2:00PM Water Cooler 10/6/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 112 Comments »
Just Keeps Getting Worse: Services Trade Surplus, the American Dream-Not-Come-True, Worst in 10 Years. Imports Worst Ever. Trade Deficit Worst Ever
Repeat after me: trade deficits = exporting jobs. The latest results confirm how crappy US policies are.
Topics: Economic fundamentals, Globalization, Guest Post, Macroeconomic policy, Pandemic, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 35 Comments »
Links 10/6/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 141 Comments »
The Energy Transition Will Take Decades Not Years
Clean energy and green growth proponents greatly underestimate the amount of change needed to migrate off fossil fuel sources.
Topics: Energy markets, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Regulations and regulators
Posted by Yves Smith at 6:54 am | 135 Comments »
Smear Campaigns Work: Pro-Transparency Board Member Margaret Brown, Candidate Tiffany Emon-Moran, Both Lose CalPERS Board Election
The California public employees unions that have bizarrely made clear that they are firmly on the side of having CalPERS continue to be poorly run have gotten their way. Pro accountability, pro-transparency board member Margaret Brown, and Tiffany Emon-Moran, who was challenging incumbent and staunch staff David Miller, were both defeated in this year’s board […]
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 5:22 am | 20 Comments »
Will Krysten Sinema Change Parties?
Sinema could and might very well screw the Dems.
Topics: Banana republic, Guest Post, Politics
Posted by Yves Smith at 3:34 am | 57 Comments »
2:00PM Water Cooler 10/5/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 90 Comments »
Waste Watch: U.S. Lags on Plastics Legislation
Despite leading the world in per capita plastics consumption, the U.S. lags in efforts to do anything about disposing of plastics waste.
Topics: Banana republic, Doomsday scenarios, Environment, Global warming, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 11:55 am | 5 Comments »
Links 10/5/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 189 Comments »
Inflation Is Back With a Vengeance in Latin America
After last year’s economic carnage, the spectre of runaway inflation is the last thing the region needs.
Topics: Guest Post
Posted by Nick Corbishley at 6:48 am | 13 Comments »
Does America Want a CHIPS for Buybacks Act?
To bring more chips-making back to the US, Congress should condition additional funds on suspending stock buybacks.
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Investment management, Market inefficiencies, Politics, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 3:54 am | 14 Comments »
Climate Advocates Voice Concerns Over Fossil Fuel Handouts in Stalled Infrastructure Legislation
One month after Hurricane Ida hit Louisiana, infrastructure and “build back better” talk ignores survival needs on climate crisis frontlines
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 2:31 am | 27 Comments »


