Daily Archives: April 18, 2016

Fraud still wildly profitable for banksters

Late Night with Seth Myers takes a closer look at the $5 billion fine levied against Goldman Sachs. Here is a direct video link.

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Apprehension of bias dictates arms length dealings

Reasonable apprehension of bias is a legal standard for disqualifying judges and administrative decision-makers for bias. Bias of the decision-maker can be real or merely perceived. Regulators and prosecutors in finance and accounting have been indefensively oblivious on this standard, … Continue reading

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A brief history of credit cards

From personalized store credit in the 1800s to the unrelenting card offers in your mailbox today, credit cards have become an inescapable part of modern life — here’s how they got there. Here is a direct video link.

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On oil and the Yen

Good discussion with Sri-Kumar who is non-bank owned and one of the more useful commentators. Komal Sri-Kumar, president at Sri-Kumar Global Strategies examines the good and the bad for the U.S. economy from lower oil prices. Here is a direct … Continue reading

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