How US Regulators Created the Equifax Mess
How regulators made credit bureaus like Equifax powerful, and why banks could live without them if they needed to.
Read more...Author Archives: Yves Smith
More Signs of Private Equity Market Frenzy: Firms Selling Stakes
Yet more evidence that the private equity market is overheated.
Read more...Bill Black: Is Politico or Third Way More Divorced from Reality?
The Third Way confirms that the Dems care more about beating back the Sanders/pro middle class faction than winning.
Read more...High Tech Pork: The Pentagon’s New Wonder Weapons for World Dominion
On the Pentagon’s costly, misguided love affair with futuristic tech.
Read more...Europe’s Globalists Tackle the Immigration Class War
As immigration becomes a political flash point, even hard core neoliberals like Emmanuel Macron are advocating restrictions.
Read more...CalPERS Goes for Secrecy Over Returns; Exploring Paying Additional Layer of Private Equity Fees by Outsourcing to BlackRock
CalPERS is exploring having BlackRock hide its private equity problems under a costly rug.
Read more...Announcing First “NC in LA” Meetup
Announcing “NC in LA,” a group of NC readers who are having their first event this weekend.
Read more...How to Help the Neediest Harvey Victims, Wherever You Live
Please chip in to support an on-the-ground effort to help Hurricane Harvey victims.
Read more...Moody’s on Amazon: “Weakest of the Big US Retailers”
Moody’s throws a big bucket of cold water on Amazon frenzy. Will investors take heed or will it take longer for reality to sink in?
Read more...New America Foundation Head Anne-Marie Slaughter Botches Laundering Google’s Money, Fires Anti-Trust Team at Eric Schmidt’s Behest
Google henchwoman Anne-Marie Slaughter has shown far too openly how Google is throwing its money and weight around in DC.
Read more...Consumption Inequality and the Frequency of Purchases
Spending patterns suggests that consumption inequality has been blunted by bulk buying, a trend that is leveling off.
Read more...Links 8/30/17
Could a Foreign Corrupt Practices Investigation Become a Serious Problem for Uber?
An FCPA case against Uber would be extremely damaging, and there are good reasons why the DoJ would be game to pursue one.
Read more...Brexit Makes Labour Exploitation More Likely in the UK
Negotiations on a future Brexit deal have barely started, yet EU workers across the UK are already finding themselves more vulnerable.
Read more...Nomi Prins: A Decade of G7 Central Bank Collusion – and Counting..
Why central bank snake oil and financier-favoring interventions have done great harm to ordinary people.
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