As most of you saw last week, Senator Elizabeth Warren grilled Wells Fargo CEO John Stumpf, calling him to resign and face criminal charges for his ‘negligence.’ Over 5,300 employees of Wells Fargo were found creating false accounts and […]
Now that the global tally of negative-interest debt issued has passed the $10 trillion mark, it might be worth taking a moment to reflect the yet unknown implications posed by the intrusion of…reality.
Interest rates in the EU, Switzerland, Japan, and now Germany have dipped […]
Sludgefeast ’16 (otherwise known as the US presidential election) has finally shaken out all fellow-traveling parasites in favor of two alpha vermin—the Alien Queen and Swamp Thing.
As the face of their respective political parties, each boasts a distinctive pedigree: the former a career politician who consistently shows that […]
Six years after the legislative abortion otherwise known as Dodd-Frank was excreted into being, its tentacles show no signs of tiring.
The latest arm-twistings of the financial sector by regulators now infesting corporate boardrooms manifest as an arbitrary failing grade for most banks for attempting to […]
Consider two recent developments in the energy sector. In the first instance, shareholders in oil-producing giant Chevron (ticker: CVX) voted to give the largest amongst themselves (those lucky few owning 3% or more shares for three years minimum) the ability to nominate directors for up to 25% of the seats on the board.