Category Archives: Media watch

McLaren F1 & Jenson Button One Minute, Boiler Room Scams the Next: the Remarkable Double Life of Carbon Neutral Investments, Limited, (CNI)

Naked Capitalism notes that Carbon Neutral Investments, subject of a consumer warning by the UK’s FCA, has deals with Formula 1 teams McLaren and Sauber, Lord Heseltine’s publishing firm Haymarket, Newcastle United Football Club, and a host of PR and events companies, and wonders what the hell is going on.

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FBI Raids, Lord Heseltine’s Haymarket Media Group, Financial Regulator “Crackdowns”, “What Car” Magazine…and Carbon Neutral Investments Limited

How two wide boys with shady pasts snared a leading British publisher that has major political connections.

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Bill Black: Not with a Bang but a Whimper – the SEC Enforcement Team’s Propaganda Campaign

The New York Times has one of those “inside” stories that unintentionally demonstrate the collapse of justice and financial reporting. This genre involves the media reporting gravely (and uncritically) the administration’s claims that its failure to prosecute any elite for the largest and most destructive financial frauds in history actually demonstrates the exceptional ethical rectitude of the non-prosecutors and non-enforcers.

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Taking the Rhetorical Bias Out of Economists’ Discussions of Income Taxation and Public Spending

Yves here. Mirabile dictu! A VoxEU article discusses, admittedly in suitably dense economese, how economists create and enforce biases against taxation by using terminology that presupposes that it’s bad. And as Lambert noted after he saw it went up here: “That post got Tyler Cowen really ticked off, so it must be good.”

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Quelle Surprise! Administration Lied About Mortgage Fraud Results, Numbers 4 to 10 Times Too High

Normally I’d relegate a good job of news spadework to the daily Links feature, but Bloomberg caught out Attorney General Eric Holder in such an egregious lie that this failed con job merits ample, widespread publicity and well-deserved derision.

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