Banking industry

WSJ Reports: State AGs to Cooperate with Feds to Take on Google?

Published by Anonymous (not verified) on Tue, 28/01/2020 - 1:55am in

State AGs to meet with DoJ to discuss cooperating in their respective probes into alleged anti-competitive behavior by Google. Will enforcement actions follow? Time will tell.

Another Great Depression or Tax Justice and Transparency? The Tax Justice Network January 2020 Podcast

Published by Anonymous (not verified) on Sat, 25/01/2020 - 7:17pm in

TaxCast ranges well beyond tax today, with topics including IMF warnings, the Brexit rogue UK vision, and looting in Angola.

War on Cash: New York City Businesses Must Accept Cash, City Council Decides

Published by Anonymous (not verified) on Fri, 24/01/2020 - 9:55pm in

New York City Council passes legislation requiring businesses to accept cash to take effect nine months after signing by mayor Bill DiBlasio.

While Establishment Erupts Over Anti-Corruption Expert Pointing Out Biden’s Troubling Record, Progressives Say: Look at the Troubling Record

Published by Anonymous (not verified) on Wed, 22/01/2020 - 10:50pm in

Why discussion of Biden’s corruption should not be off limits in the Dem primary contest; Trump will raise these issues in the general.

Credit Cycles and Asset Returns

Published by Anonymous (not verified) on Fri, 03/01/2020 - 9:00pm in

Yves here. I’m clearly not in touch. I am surprised that this finding, that credit booms predict equity busts, is novel. Of course, given that manias last way longer than cooler heads deem possible, judging the peak of a credit cycle is tricky business. Nevertheless, when a wee summer associate at bond trading powerhouse Salomon […]

Wolf Richter: How Ratings Agencies Inflate Credit Ratings to Get Deals & Fees

Published by Anonymous (not verified) on Wed, 01/01/2020 - 9:55pm in

Haven’t we already seen this movie? Race to the bottom in gaming credit ratings agencies for commercial real estate Collateralized Loan Obligation deals.

Australia Burning; Tourists in New South Wales and Victoria Flee to Beaches

Published by Anonymous (not verified) on Tue, 31/12/2019 - 7:08pm in

A grim take from smoky Australia.

After the Argentina Debacle, the IMF Endorses Weakening Capital Controls in Ecuador

The IMF is backing a tax reform bill in Ecuador that will enable capital flight and further austerity.

Sweden Retreats from Negative Interest Rate Experiment

Published by Anonymous (not verified) on Thu, 19/12/2019 - 10:04pm in

Sweden throws in the towel on its negative interest rate policy as inflation stays stubbornly low.

Misunderstanding Volcker

A reappraisal of Volcker, who was more hostile to workers and less hard on financiers than the press would have you believe.

Pages