Author Archives: Danielle Park

Classic: student first made gains before losing father’s $50 million trading stocks

Posted on December 16, 2020 by Danielle Park

The son of a Russian oligarch lost $50 million making risky trades while at university.  This is present madness writ large.  See:  A Russian oligarch’s son lost $50 million making risky trades at university: Temur’s trades weren’t always losing ones. … Continue reading →

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The deceit behind market highs

Posted on December 15, 2020 by Danielle Park

With retail trading in a frenzy and initial public offerings surpassing the previous 1999 high this year, this vintage clip courtesy of Sven Henrich from CNBC personality and MAD Money host Jim Cramer offers a glimpse of the fraudulent wizard … Continue reading →

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Rand quantifies income theft from workers by corporations and their owners

Posted on December 15, 2020 by Danielle Park

Recent analysis by the RAND Corporation quantifies what increasingly corporate-centric policy shifts over the last 50 years have cost 90% of workers in terms of lost income.  The study was American, but similar trends have transpired in most other countries … Continue reading →

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