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Monthly Archives: August 2016
In bed with Wall Street and living the dream
Brazen nepotism and self-serving policies are the norm in the revolving door world of finance and its regulators–because they have gotten away with it so handsomely to date. You can read “In Bed with Wall Street” for many sordid details. … Continue reading
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Defaults rising in Canada
Canadian banks are attempting to whistle past the graveyard of rising loan defaults even as they lower loan loss reserves to boast near term earnings. Safalow summarizes facts well in this clip. Here is a link to the investigative reporting … Continue reading
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CBC: Sour Grapes documentary uncorks high-end world of fine wine fraud
I like wine and appreciate the labor that goes into making it. But years ago, I participated in a blind taste test that confirmed I could not discern a $12 bottle from a $1000 bottle. That revelation was a gift. … Continue reading
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