Category Archives: Regulations and regulators

Bill Black: Thomas Friedman’s Big Idea for Hillary – Embrace Wall Street and Deregulation

Help us, Tom Friedman is at it again…

Instant Payment Services – Payer Beware

How the New York Times does its readers a huge disservice by not telling them that so-called “instant payment services” are anything but that.

New Zealand Foreign Trusts: the Scandals, the Reforms, and Some Throat-Clearing From the EU

NZ’s promised Foreign Trust reforms still don’t look quite right

Shaky State of North-South Relations

North-South, or developed-emerging economy dealings, are becoming more contentious.

Americans for Financial Reform Calls Out Private Equity Broker-Dealer Abuses as Latest Example of SEC’s Weak, Selective Enforcement

Americans for Financial Reform, an influential group, calls on the SEC to act to combat a long-standing private equity abuse.

European Bank Shares Fall Out of Bed as Monte dei Paschi Rescue Fails to Reassure

Investors in European bank shares are in a bit of a panic, and for good reason.

The Politically Expedient German Scheme for Eurozone Sovereign Debt Bail-Ins

Yet another half-baked European bail-in plan.

Did Germany Just Blink?

Germany just cut Spain and Portugal some budgetary slack. What’s driving this unexpected outbreak of reasonableness?

Italian Bank Failures Could Disintegrate the EU

How bad is the Italian banking mess?

How Executives Can Personally Profit from Bad Corporate Behavior in Health Care

Two Johnson & Johnson executives were prosecuted in a health care case for illegal marketing but their superiors got off scot free.

EU Gives UK a Brexit Poke in the Eye by Appointing Michel Barnier, Nemesis of the City, as Key Negotiator

European Commission President Jean-Claude Juncker achieved a significant win by appointing Michel Barnier as a lead Brexit negotiator.

Italy Bank Crisis Looming With Rush to Rescue #3 Bank, Monte dei Paschi

Frantic rescue efforts for Monte dei Paschi are underway but the current plans don’t look very viable.

Harry Markopolos Scores Again: State Street Settles for $382 Million on Foreign Exchange Fraud

Harry Markopolos exposed cheating of pension funds and mutual funds in foreign exchange trades,, with State Street the latest settlement.

How Much Do Shady Financial Practices Cost You, Exactly?

The average U.S. household loses over $100,000 to destructives activities of bankers and financiers

New Zealand Offshore Company Agents: Mossack Fonseca is Far From Alone

The global footprint of agents selling NZ companies and trusts