Downing Street’s dodgy dealings with Citi and Greensill show just how far the British government is willing to go to line the pockets of banks and other financial firms while bleeding taxpayers dry.
Recent Items
Wednesday, November 19, 2025
Fallout from Greensill Collapse Splatters British Government, As Taxpayers Face Big Losses
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 17 Comments »
Wikipedia’s Deep Ties to Big Tech
Contrary to its image as a cash-strapped, open public service, Wikipedia tries to hide that it is a wealthy NGO with close ties to big tech.
Topics: Free markets and their discontents, Guest Post, Media watch, Politics, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 5:08 am | 14 Comments »
FBI Investigating Reporting Fraud at $62 Billion Pennsylvania Public Pension Fund, PSERS; Returns Allegedly Falsified to Avoid Increased Worker Contributions
A major public pension fund, PSERS, looks to have been cooking its books, to the degree that the FBI is asking difficult questions.
Topics: Banana republic, CalPERS, Investment management, Legal, Politics
Posted by Yves Smith at 2:56 am | 31 Comments »
2:00PM Water Cooler 4/5/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 128 Comments »
New York Joins Pot Party
New York becomes the fifteenth state to legalise possession of marijuana for those over the age of twenty-one.
Topics: Guest Post, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 14 Comments »
Links 4/5/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:58 am | 86 Comments »
Why India is Banking on Health Diplomacy to Grow African Footprint
India has stepped up its foreign policy re-engagement with African countries and has focused on health diplomacy.
Topics: Africa, China, Globalization, Guest Post, Health care, India, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 6:50 am | 4 Comments »
Good Friday and Easter Church Raid Attempts by Police Over Covid Intensify Conservative Christian Vaccine Hesitancy
A doctor describes how the officialdom’s arrogant, “one size fits all” vaccine messaging is backfiring by alienating conservative Christians.
Topics: Dubious statistics, Guest Post, Health care, Media watch, Pandemic, Social policy, Social values
Posted by Yves Smith at 6:00 am | 172 Comments »
Martin Luther King’s America Redux: “The Greatest Purveyor of Violence in the World”
Liz Theoharis commemorates the anniversary of Martin Luther King’s “Beyond Vietnam” speech.
Topics: Banana republic, Guest Post, Income disparity, Pandemic, Politics, Social policy, Social values
Posted by Yves Smith at 12:44 am | 16 Comments »
Italy Bans Cruise Ships from Entering Venice’s Historic Center
Environmentalists take a victory lap, but much more must be done to ensure the survival of Venice, especially with sea levels rising.
Topics: Curiousities, Environment, Global warming, Globalization
Posted by Jerri-Lynn Scofield at 12:55 pm | 39 Comments »
Links 4/4/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:58 am | 119 Comments »
Life in a Remote Alaskan Community on the Front Line of Climate Change
Whittier, Alaska, copes with a pandemic and climate change, and confronts the daunting prospects of a Prince Williams Sound tsunami.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Pandemic
Posted by Jerri-Lynn Scofield at 6:50 am | 6 Comments »
Why the Government Bonds Owned by the Bank of England Are Not a Debt Burden, Even When They’re Repaid
A short discussion of government bonds and what happens when a central bank holds them.
Topics: Economic fundamentals, Federal Reserve, Guest Post, Macroeconomic policy, UK
Posted by Yves Smith at 6:18 am | 16 Comments »
QE During the “Everything Mania”: Fed’s Assets at $7.7 Trillion, Up $3.5 Trillion in 13 months
Trying to make sense of what the Fed is up to.
Topics: Banking industry, Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Investment outlook
Posted by Yves Smith at 6:04 am | 39 Comments »



