Tag Archives: bank fines

Would That We Could, Like Iceland

There’ll be a movie coming out in December entitled “The Big Short”based upon a book by the same name which was written by Michael Lewis of “Moneyball” and “The Blind Side” fame.   The book is  a tedious timeline of … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

The Cost of Financialization

Corporations currently earn their money through a myriad of paper transactions rather than by producing an actual product – this is Financialization and its negative effects on the economy continue to expose themselves. In a newly publish Forbes article, contributor … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

China is Doing It Right: Handling Corporate Corruption and Defiance

This recent post in The Atlantic  reminds us of something we all know:  Wall Street is as corrupt as the movies portray it to be. Writer Bouree Lam discusses a recent report out of Notre Dame that examines whether or not … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

A Fine is Just a Slap on the Wrist….

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

The Myth of Free Market Enterprise

Capitalism thrives on a free market and its staunch supporters are heard loudly complaining if the R-word is mentioned (R = Regulations).  Free market proponents claim that any kind of government interference in the form of regulations will constrain the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment