Recent Items
Wednesday, November 5, 2025
Links 7/10/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 145 Comments »
Unemployment Claims Hit New Record: 32.9 Million State & Federal. Week 16 of U.S. Labor Market Collapse
The latest unemployment data calls into question the notion that anything more than a techical recovery is underway.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Guest Post, Income disparity, Macroeconomic policy, Pandemic, The destruction of the middle class
Posted by Yves Smith at 4:41 am | 37 Comments »
Let the Predation Begin! CFPB Rolls Back Obama-Era Payday Loan Protections
Payday loan abuses are baaack, thanks to a full bore lobbying effort.
Topics: Banana republic, Banking industry, Free markets and their discontents, Income disparity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 4:05 am | 18 Comments »
Beneficiary Uproar Over CalPERS Fraudulent Investment Strategy Claims in E-Mail Blast
CalPERS latest beneficiary e-mail had misrepresentaions that even the toothless SEC would sanction.
Topics: Banana republic, CalPERS, Investment management, Media watch, Private equity, Risk and risk management
Posted by Yves Smith at 3:13 am | 12 Comments »
2:00PM Water Cooler 7/9/2020
COVID problem states ~ Festival of Biden-Sanders Unity Task Force ~ Trump gets Supreme Court respite ~ Trump and the burbs ~ COVID and multiple system failure ~ Employment situation, wholesale sales ~ Tesla sales ~ Capex ~ COVID transmission in stadiums v. marches ~ Essential workers
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 126 Comments »
Big Pharma Wants to Pocket the Profits From a COVID Treatment You Already Paid For
Why Gilead’s price gouging for its Covid-19 treatment remdevisir is even more egregious than you thought.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Pandemic, Regulations and regulators, Social policy, Technology and innovation
Posted by Yves Smith at 9:55 am | 22 Comments »
Links 7/9/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 206 Comments »
Private Equity and the Pandemic: Brace for Impact…Investing (Part II)
Private equity profiteering in prisions and education demonstrates why their enthusiasm for socially responsible investing is a con.
Topics: Guest Post, Investment management, Private equity, Ridiculously obvious scams, Social values
Posted by Yves Smith at 6:02 am | 3 Comments »
NY Department of Financial Services Fines Deutsche Bank Over Jeffrey Epstein Abuses; Where Are the Feds?
Deutsche Bank revealed again as being overly accommodating to clients who play fast and loose….this one Jeffrey Epstein.
Topics: Banana republic, Banking industry, Legal, Payment system, Regulations and regulators
Posted by Yves Smith at 5:06 am | 18 Comments »
Will the E-Money Boom Make the UK a Hub of Money Laundering?
Quelle suprise! E-money is facilitating financial fraud. And the UK’s FCA is unduly accommodating.
Topics: Banana republic, Banking industry, Free markets and their discontents, Guest Post, Payment system, Regulations and regulators, Ridiculously obvious scams, Russia
Posted by Yves Smith at 12:47 am | 14 Comments »
2:00PM Water Cooler 7/8/2020
~ COVID problem states ~ Electoral college map shifts ~ Biden’s typefaces ~ Trump to drop out? Not what he says ~ The Great Assimilation™ (and kreplach) ~ Vote by mail ~ Robot cars ~ Unto dust shalt thou return ~ Airborne SARS-COV-2 ~ Epstein’s lead-lined bathroom ~ Cat-bee photos ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 175 Comments »
“Warren’s Eviction Bill Is Economically and Politically Savvy”
Why Warren’s eviction bill, which calls for a one-year eviction freeze, does not go far enough to save homeowners, tenants, and businesses.
Topics: Banking industry, Credit markets, Free markets and their discontents, Guest Post, Moral hazard, Pandemic, Real estate
Posted by Yves Smith at 9:55 am | 76 Comments »
Links 7/8/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 184 Comments »
Private Equity and the Pandemic: Brace for Impact…Investing
Private equity wants investors to believe that it can do good. The damage it has done through its health care industry profiteering says otherwise.
Topics: Free markets and their discontents, Guest Post, Health care, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 6:12 am | 6 Comments »
Brexit: Running Down the Clock?
Brexit is not going much of anywhere, and it still isn’t clear if this is by accident or design.
Topics: Brexit, Europe, Globalization, Legal, Politics, UK
Posted by Yves Smith at 5:10 am | 39 Comments »



