The bankers in question took a leaf out of Martin Scorsese’s classic movie, Goodfellas, in which Ray Liotta’s Henry Hill and Paul Sorvino’s Paul “Paulie” Cicero take over a night club, the Bamboo Lounge, then loot it, abuse the owner’s credit and run it into the ground. Once the owner, Sonny, is unable to pay them anymore, they torch it for the insurance money. … Read More Mafiosi Bankers: What the HBOS Fraud Tells Us About the State of British Banking
There is a strong anti-‘politics-as-usual’ sentiment blowing across the Netherlands, which—through a voter swing to the right—may set the country on the anti-establishment path blazed by Brexit and Trump.… Read More Euroland: Will the Netherlands Be the Next Domino To Fall?
Britain is doing one of the things it does best, which is thinking of how to punish people. Now it’s figuring out ways to throw more people in jail for longer periods of time for exposing various kinds of government crimes.… Read More Upcoming British Legislation Could Jail Journos for 14 Years
Here’s another serving of fascinating insights on the current state of economics and politics in the United States and Europe from the Scottish political scientist Mark Blyth… Read More Mark Blyth– “The Function of Democracy (These Days) Is to Stop People Effecting Change.”
“What they sell is escape: from laws, rules, and taxes of jurisdictions elsewhere, with secrecy as their prime offering.”… Read More World’s Worst Tax Haven Threatens to Expand Its Operations