Even if it is unproven that top Goldman executives knew what was going on, what does it say about the culture of the bank that individuals like Tim Leissner were employed there? Who is accountable for that culture?… Read More Goldman Sachs Is Implicated in History’s Largest Financial Con – But Will It Be Held Accountable?
There’s nothing like a sympathetic Supreme Court.… Read More Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks
Plunging bank stocks got the Court’s attention, or something.… Read More Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts
And what we can do about it!… Read More The American Economy Is Rigged
As long as the markets go up, the investing class has no interest in truth or consequences… Read More What Keeps Them Up At Night
Did they prevent a full-scale collapse? Yes. Was it necessary to do it the way we did? Not at all.… Read More The Bailouts for the Rich Are Why America Is So Screwed Right Now
The United States today qualifies as a plutocracy – on a number of grounds, and it is having a profound impact on the media, education and think tanks–indeed on the whole of society.… Read More Plutocracy Now!
“It’s hard to see this as anything other than Canada getting played.”… Read More “Canada Just Got Played”: How Mexico Stabbed Canada In The Back
The question is not if but when.… Read More These 5 Trump Policies Are Leading Us Toward Economic Chaos
A high-risk blinking contest no one wants to lose… Read More “Cliff Edge” Brexit Threatens $34 Trillion of Derivative Contracts: UK Regulator
At a time of mounting uncertainty in Europe, the country has defied critics who insisted on austerity as the answer to the Continent’s economic and financial crisis… Read More Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.
His Toxic Mix: destruction of the lira and a mountain of foreign-currency debt… Read More As Erdogan Cements His Hold Over Turkey’s Economy, Global Investors Begin to Panic