Juggling Dynamite

Bankers have developed a habit of taking credit and cash for apparent upside while avoiding responsibility and any liability when things go bad. This one-sided bet is not available to the rest of us and it has to end for the bankers now with job losses, financial claw-backs and prosecutions in earnest. It’s way past time.

.@SenWarren tells @DavidGura Wells Fargo’s CEO must be “held accountable” for fake accounts https://t.co/H89WE9USD2 pic.twitter.com/KKul75UIFG

— Bloomberg TV (@BloombergTV) September 15, 2016

The film Snowden, which opens this weekend, was turned down by all of the big Hollywood studios. Director Oliver Stone explains what it took to make his film about the NSA whistle-blower—and why Edward Snowden deserves a presidential pardon. Here is a direct audio link.

Here is the trailer.
Joseph Gordon-Levitt stars as NSA whistleblower Edward Snowden in this real-life political thriller from Oscar winner Oliver Stone, co-starring Shailene Woodley, Melissa Leo, Zachary Quinto, Timothy Olyphant and Nicolas Cage.

Having technical problems the past couple of days, this morning I was in at the crack of dawn to write a lengthy article on the latest from our central bank suicide bombers, only to have it vanish as I hit publish.  Disheartening to say the least.  In the meantime, here is a worthwhile segment from the always lucid Sri-Kumar.

Komal Sri-Kumar, president at Sri-Kumar Global Strategies, talks about a long-term lack of global inflation and the negative connotations of Americans saving money. Here is a direct video link.

We are also not able to embed Bloomberg video clips in the blog at the moment for some unknown reason.