Monthly Archives: October 2016

Investigations into business practices at the giant US bank Wells Fargo are continuing today despite the resignation of its CEO John G Stumpf earlier in the week. His departure was prompted by continuing allegations of mis-selling by the bank including … Continue reading →

A weaker currency generally makes for cheaper exports, so one might assume that the falling Yuan over the last year would be good for Chinese sales.  But that would be wrong.  In September Chinese exports contracted 10% year over year, … Continue reading →

As I and others have been warning for a few years now, (here’s a list of just our most recent articles), defined benefit pensions have been planned to fail through years of under-funding by workers and employers alike. Few have … Continue reading →