Big Data — those sprawling algorithms that can track and predict patterns in human behavior — often conjures up fears of a big-brother police state. But those same data-sets could be harnessed to uncover and expose Wall Street excesses…
Finance
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Strange Deaths of JPMorgan Workers Continue…
Last Thursday, September 22, 2016, the body of Ann Korkki, a Senior Administrative Assistant in the Wealth Management division of JPMorgan Chase in Denver, Colorado was found with the body of her sister, Robin Korkki, inside their luxury vacation villa at the Maia Resort on Seychelles…
The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash…
Deutsche Bank concerns just went to ’11’ as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender…
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If Elizabeth Warren Wants to Probe Worker Abuse on Wall Street, Start With the Unprecedented Rash of Deaths and Suicides…
If Senators Warren, Sanders, Merkley and Brown genuinely want to change their party’s jaded image as Wall Street Democrats, they will use this timely opportunity to demand that the OCC turn over its records on the profits flowing to Wall Street from these untimely deaths of young people…
US Bonds, Stocks Rally As Most Systemically Dangerous Bank In The World Collapses…
Don’t think Deutsche Bank matters? Think again…
House Passes Bill Preventing IRS from Wrongfully Seizing Your Assets…
The House unanimously passed a bill Thursday aimed at preventing the Internal Revenue Service from wrongfully seizing assets of innocent Americans under current civil forfeiture laws…
The Penny Stock Chronicles: The Money Is Gone by David Dayen…
After a stock analyst lost $1 million on one penny stock, he set off to find out how — and soon discovered signs of a far bigger scheme than he had ever imagined…
U.S. Taxpayers Subsidized Wells Fargo Executive Pay…Bonuses…Amid Bank’s Fraud…
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US-EU Trade Talks “De Facto Dead”…
This week the German Economy Minister stated the US-EU TTIP talks were “de facto dead”. The US-Asia TPP talks have been dead as a doornob for some time… TTP, TTIP, Obama, Obama White House, TTP dead, TTIP dead, EU, European Union, Reinhold Mitterlehner, wants trade agreements re named, free trade, laughable
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Volkswagen Investors Seek $9.2B in Compensation Over Diesel Emissions Scandal…
Volkswagen faces €8.2 billion in damage claims from investors over their losses following the emissions scandal. The company has admitted equipping about 11 million diesel vehicles with…
The Biggest Washington Whopper Yet…
You can’t find lazier people than in the mainstream financial press, but their exuberant cheerleading about the purported 5.2% gain in the real median household income in 2015 surely was a new high in mendacity…
Central Bank Digital Currencies: A Revolution in Banking? by Ellen Brown…
Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies…
Three Cheers for Poop Power!: Toyota Using Human Waste Based Fuel to Power Its New Electric Car…
Toyota has gone to the toilet, literally, scooping up human poop to create renewable hydrogen fuel to power its new electric car. The use of human waste is expected to solve the motor giant’s ‘chicken or the egg’ problem…
Thousands March on Brussels, Urge Their Leaders to Take Down TTIP…
About 15,000 people participated in Brussels protests against TAFTA, a proposed Transatlantic Free Trade Area between the EU and the US, also known as the US-EU Transatlantic Trade and Investment Partnership…
Fed Monetary Policy Is Being Held Hostage by Wall Street Banks…
American banking has now evolved from too-big-to-fail to too-big-to-prosecute to too-big-and-dangerous-to-return-to-normal-monetary-policy…
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Wells Fargo Shaming Today in Senate: Edwards Family Are Ghosts in the Room…
Imagine how you might feel if you were part of a distinguished family that built a respected business over 120 years only to see it gobbled up against your wishes by a banking behemoth, Wachovia, which collapsed a year later and…
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Cash Means Freedom, Which Is Why So Many Officials Hate It…
Opponents and proponents of folding money agree that the stuff protects you from the state—but they differ about the value of that protection…
More Than 200 Scholars Decry the Trans-Pacific Partnership’s ‘Frontal Attack’ on Law and Democracy…
More than 200 legal and economic scholars—including President Barack Obama’s Harvard Law School mentor Laurence Tribe—have penned a letter to Congress warning that the pro-corporate Investor-State Dispute Settlement (ISDS) regime…
Harvard Crushes The “Obama Recovery” Farce With 9 Simple Charts…
In a recent study entitled “Problems Unsolved and a Nation Divided” Harvard University points out that, despite claims of an “Obama Recovery,” in fact, the U.S. economy has continued to deteriorate…
Russian-Iranian Bank May Ditch the U.S. Dollar…
Moscow and Tehran are actively working on opening a joint bank with plans to carry out operations in national currencies…
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