banks

It turns out, according to most interpretations of the SAFE report, that the speculators creating the hot-money inflows are not the much-vilified foreign hedge funds – surprise, surprise – but Chinese businessmen bringing money into the…

When we see more of the e-mails, this should get interesting. But don't expect an prosecutions. Source: In Prison Interview, Madoff Says Banks ‘Had to Know’ - NYTimes.com

Just like in the Quantitative Easing Explained video, this one on the bank bailouts gets down to brass tacks. It strips away all the government propaganda that taxpayers profited from the bailouts by revealing some of the many backdoor…

Here is a good video from Bill Black on the origins of the Savings & Loan crisis in the U.S. The roots of the crisis go back to the stagflation of the 1970s when interest rates spiked under Paul Volcker. As S&L's borrowed short and…

This is from the testimony in the video below: Soldier's wife: I'm dealing with Chase, getting their phone calls, getting their harassment around the clock. My husband Jonathan missed two hours of our daughter's birthday party, because…

By William K. Black (Cross-posted from Benzinga) The big news in U.S. regulation last week was the release of the Financial Crisis Inquiry Commission reports. (There's a major article in the New York Times about Kabul Bank that supports…

by Marc Chandler A number of Indian banks have begun issuing Swiss franc denominated bonds, ostensibly to raise cheap funds and meet the demand in Europe for emerging market debt. Reports suggest that this is the first of such issues in…

By Claus Vistesen Despite the efforts of yours truly to create as strong a profile as possible in the world of econ-blogging, I regret to inform my readers that the organizers of the World Economic Forum in Davos have not found it within…

By William K. Black (cross-posted from Benzinga.com) Greetings from the North American Securities Administrators Association (NASAA) annual enforcement conference in Charleston, S.C.  I’m giving the keynote address Monday.  I’ll…

By William K. Black (cross-posted with Benzinga.com) Honest accounting is essential for effective regulation – and for integrity. It is also very helpful to prosecuting accounting fraud. The banking industry lobbyists, including the…