A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment…
Finance
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The Central Banks Are Now Ready To Launch Their ‘Brave New World’…A Must Read…
The latest Federal Reserve meeting in Jackson Hole, Wyoming, is over and so far it would seem that the general investment world is not too happy about Janet Yellen’s statements…
“If You Own a Home in Palo Alto, CA, Sell it Now”…
But if I were out there giving financial advice and charging an arm and a leg for it, it would sound like this: “If you own a home in Palo Alto, sell it now”…
Wall Street’s Protection Racket: Mandatory Arbitration…
What people across Wall Street cannot figure out is why the Board of JPMorgan Chase didn’t sack its CEO, Jamie Dimon, at some point between the bank’s first two felony counts in 2014 and…
End of the Private Sector? Japanese Government Now Largest Shareholder of 474 Big Companies…
Illinois AG Sues Insys Therapeutics Over Deceptive Marketing Practices of ‘Opiod’ Products…
In a lawsuit filed by the state of Illinois, Insys Therapeutics Inc. has been accused of deceptive marketing practices involving a cancer drug and using “sham” speaking…
First Germany, Now France…Calls to End TTIP Negotiations with U.S….
Trade talks between the European Union and the United States should be halted and a new set started, France’s trade minister said on Tuesday, adding his voice to calls…
Jeff Bezos’ Washington Post: Import Foreign Workers to Replace Spoiled Americans…
Jeff Bezos’ Editorial Board at the Washington Post is complaining that there aren’t enough Americans who want to work low-end jobs, so the government needs to import more foreign replacements…
J-Holed: Stocks Slide After “Good” Yellen, “Bad” Powell, & “Ugly” Fischer…
Yellen was hawkish but offered some dovish hope, Fischer dashed that hope, and Powell piled on… (Once again it seems VIX 14 was the target)…
VW and Dealers Reach Tentative Settlement…
Volkswagen continues to make amends, reaching a tentative agreement with its U.S. dealers to compensate them for losses they suffered as a result of the automakers emissions cheating…
Uber Is Playing a $16 Billion Game of Chicken…
Your current Uber experience is unsustainable. A Bloombergreport Thursday revealed that Uber continues to lose an astounding amount of money as it tries to figure out…
Bill Gross: Yellen’s Economy “May Never Walk Normally Again, This Is Not Capitalism”…
“This is not capitalism. This is providing a walker or a wheelchair for an ailing economy. It may never walk normally again if monetary policy continues in this direction”…
Busting the Banksters: The Case for Super Glass-Steagall–Part 1/2…
The mainstream narrative about “recovery” from the financial crisis is a giant con job. And nowhere does the mendacity run deeper than in the “banks are fixed” meme…
Related
Deutsche Bank’s $10B Scandal…
How a scheme to help Russians secretly funnel money offshore unravelled…
What’s up with the Massive EpiPen Price Hike?….
Senator Charles Grassley, an Iowa Republican, asked Mylan to explain a steep price increase in the price of Epipens in recent years, citing complaints from…
Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”…
In a Fed Staff working paper released over the weekend titled “Gauging the Ability of the FOMC to Respond to Future Recessions” and penned by deputy director of…
Student Loan Debt Slaves Get the Runaround Seeking Promised Relief…
Last Thursday the Consumer Financial Protection Bureau Student Loan Ombudsman released a report detailing the hurdles and outright barriers that college students who…
Obscene: Bill Gate’s Net Worth Hits $90B…
The net worth of the world’s richest person Bill Gates hit an all-time high of $90 billion on Friday, fueled by gains in public holdings including…
Why A Deutsche Bank Whistleblower Turned Down an $8.25 Million Reward: In His Own Words…
“I just got word from the Securities and Exchange Commission that I am to receive half of a $16.5m whistleblower award. But I refuse to take my share”…
Aetna to Leave Public Healthcare Exchanges After DOJ Blocks Merger…
Aetna, the U.S.’s third largest health insurance company, says it will cut its participation in the Affordable Care Act’s marketplaces next year by two-thirds, after…