Monthly Archives: May 2010

Britian votes today: damned if they do, worse if they don't

One of the many sources of flux and uncertainty in the world are the elections taking place in Britain today. Who ever gets elected will have a hell of a job ahead of them. Poor leadership and complacency in the … Continue reading

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Easy money times are fertile soil for fraud

More evidence that Canadian real estate and Canadian banks have not escaped scandal amid the excessive lending and lax standards of the past few years. CBC reports a fraud suit just filed by BMO on a large fraud ring that … Continue reading

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Bill Black: Obama needs to use the "F" word about the banks

Bill Black spoke to Bill Moyer's Journal (in Moyer's last week with PBS, retiring at age 75): Watch the clip from April 23, 2010 here. “Fraud is deceit. And the essence of fraud is, “I create trust in you, and … Continue reading

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