$8 per vial in competing developed-world nations and $38,892 in the U.S. That says it all.… Read More Big Pharma & The Rise Of Gangster Capitalism
McKinsey heretofore has managed to avoid being tainted by scandal even when it had its fingerprints all over a corporate crime scene… Read More New York Times: Virtuous McKinsey Defiled by Dark Continent
As David Tepper predicted, financial and other risk assets have shot the moon. But as Bob Dylan warned, what’s coming next will change everything… Read More A Hard Rain’s a-Gonna Fall
After scandals, collapses, and the government’s off-balance-sheet debt.… Read More Multi-Decade Outsourcing Boom Comes to Sticky End in the UK
Peculiar things happen a lot where JPMorgan Chase is involved… Read More How Did JPMorgan Reverse an Arrest Warrant for its Mexico Bank Chief?
As interest rates on safe fixed income investments have dwindled, the number of Ponzi schemes offering promissory notes has mutliplied… Read More Even After Madoff, Ponzi Schemes Continue to Proliferate
Accountancy used to be boring – and safe. But today it’s neither. The ‘big four’ firms have become too cosy with the system they’re supposed to be keeping in check… Read More The Financial Scandal No One Is Talking About
The disempowered want change; those in power want predictability and consistency. The more you can guarantee predictability and consistency to those in power, the more those in power will reward you.… Read More Why the Powerful Are So Desperate to Control the Narrative
The warning signs are beginning to flash again… Read More Derivatives Are A Noose Around US Insurance Industry
Bank-friendly regulators finally show some interest… Read More Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos
Rigging the markets and getting away with it every time… Read More Goldman Does it Again!
Tensions are rising in Latin America’s largest economy… Read More For First Time in Decades Brazil’s Unions and Left Unite, Demanding Lula’s Freedom