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Daily Archives: April 5, 2016
Revolving doors and finance-serving regulators
For those craving a little truth, this 7 minutes is invigorating. We need much more public shaming of these actors and their practices. Senator Elizabeth Warren’s Q&A at an April 5, 2016 Senate Banking Committee hearing titled, “Assessing the Effects … Continue reading
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Increased risks in ‘TBTF’ investment banks
Risks in the global financial system are more concentrated today than they were heading into the 2008 financial crisis. The facts are incontrovertible: 97% of all trading assets in the US banking system and 95% of all derivatives are controlled … Continue reading
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Pitchforks coming for tax evaders worldwide
They can run but it’s getting harder to hide. With capital deficiency and deficits the norm in most governments, pensions, not for profit organizations, institutions and foundations today, tolerance for those hiding money from taxation is in retreat. The fact … Continue reading
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