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Daily Archives: September 11, 2015
DOJ’s ‘new’ guidelines nothing new
David Clay Johnston and and former bank prosecutor William Black discuss the DOJ’s ‘new’ rules for Wall Street. Here is a direct video link.
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How the IRS misinterprets the tax code and wrongly allows stock buybacks
Yesterday we saw the US Department of Justice issue a guideline to its prosecutors reminding that the law requires them to find individuals guilty as directing minds behind corporate crimes. Like DOJ lawyers needed a reminder of this basic premise … Continue reading
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Oil crunch hitting levered global economy hard
Better late than never? This morning Goldman Sachs finally capitulated on oil prices… The global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. Here is … Continue reading
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