America’s Fate: Oligarchy or Autocracy
The competing systems of power are divided between alternatives which widen the social and political divide — and increase potential for violent conflict.… Read More America’s Fate: Oligarchy or Autocracy
Tag: Rigging the Game
The Wall Street-Captured Fed Consolidates Its Power Under Biden
This is corruption, but isn’t called that because it’s so quotidian.” … Read More The Wall Street-Captured Fed Consolidates Its Power Under Biden
An Open Letter to Australians: Only Glass-Steagall Can Save You from the Banks
Australians, like Americans, remain on the road to financial ruin at the hands of predatory banking behemoths that are using their concentrated money and political power to attack each and every democratic principle that we cherish as citizens… Read More An Open Letter to Australians: Only Glass-Steagall Can Save You from the Banks
The London Banker Who Broke the World
The true story of how the City of London invented offshore banking – and set the rich free.… Read More The London Banker Who Broke the World
The Real Threat to the Fed’s Independence Is Wall Street, Not Trump
Trump’s attacks on the Federal Reserve are norm breaking, but the financial industry’s influence over the central bank is far more unsettling… Read More The Real Threat to the Fed’s Independence Is Wall Street, Not Trump
The Financial Scandal No One Is Talking About
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
What Was JPMorgan Doing in its Dark Pools During the 2,000-Point Plunge Week?
Dark Pools are effectively unregulated stock exchanges that operate in darkness inside Wall Street’s largest firms. What could possibly go wrong?… Read More What Was JPMorgan Doing in its Dark Pools During the 2,000-Point Plunge Week?
Another Big British Bank Lands in Deep Trouble
Barclays faces a criminal trial in the UK. Last week it was RBS. … Read More Another Big British Bank Lands in Deep Trouble
Fallout from Carillion Collapse Hits KPMG
Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace”… Read More Fallout from Carillion Collapse Hits KPMG
Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
The Wall Street Journal, Bloomberg News, the Business section of the New York Times and Washington Post ignored this bombshell story… Read More Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
Blowback Begins for Companies in UK Ground Rents Scandal
“Why did no one senior at the company say, ‘This will come back to haunt us’?”… Read More Blowback Begins for Companies in UK Ground Rents Scandal
Has Super Mario Draghi Met His Match?
And this might become a problem for the Fed… Read More Has Super Mario Draghi Met His Match?
