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Dishonesty and hiding information are major themes of this year’s US presidential contest, with both leading candidates apparently adept at deception.  Still in this contest of liars, it seems Clinton–the career politician is scrutinized more than Trump–the career salesman.  According … Continue reading →

Today Wells Fargo CEO John Stompf is appearing before the Senate Banking Committee to answer questions on widespread fraud at many of the bank’s branches where over 5000 employees have now been fired for opening fake accounts and credit applications … Continue reading →

As pointed out by Stephen Roach here on Project Syndicate in August, if China’s 2016 GDP growth hits the government’s official 6.7% target– China will account for 1.2% (39%) of the IMF’s estimated 3.1% global GDP growth in 2016. That … Continue reading →