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Monthly Archives: August 2016
Finance whistleblower turns down reward from complicit SEC
This is truly a remarkable example to set: a former risk officer, Eric Ben-Artzi, turned Deutsche Bank whistleblower, has refused to collect his $8.5 million reward from the SEC. He points out that levying a $55 million fine for illegal … Continue reading
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Excessive shelter costs weigh on consumer spending
Oh Canada…who would’a thought that using huge loans to pay a fortune for housing, cars and everything else would usher in an extended consumer spending slump? Why everyone who is not paid to ignore the math, of course! Watch this … Continue reading
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Fed stuck with its policy errors as credibility sinks
Komal Sri-Kumar, president at Sri-Kumar Global Strategies, explains why he sees the FOMC minutes as a dovish sign on interest rates and looks at how a surprise rate hike may impact markets and the U.S. economy. Here is a direct … Continue reading
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