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“An explosive critique about the investment industry: provocative and well worth reading.”
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Monthly Archives: April 2016
‘Immaculate corruption’ continues to enrich the meritless
In September 2010, the Financial Crisis Inquiry Commission compiled and referred evidence of serious violations of federal securities laws by financial firms to the US Department of Justice. In response, the bank-swayed Justice Department went through the motions of investigation … Continue reading
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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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