regulation

In an interview with Louis James, the inimitable Doug Casey throws cold water on those celebrating the economic recovery.

Bloomberg News allegedly has an e-mail demonstrating that Jon Corzine, MF Global's CEO, gave “direct instructions” to his underlings to transfer $200 million from one customer account to another account in order to meet an overdraft in one…

Here's another appearance by Bill Black spoke to RT's Lauren Lyster this past Wednesday about regulatory action in the MF Global case.

This daily commentary is a bronze-level post for Pro subscribers. Two articles worth reading on the 2004 change in net capital rules for investment banks are highlighted in today's links.

Chris Whalen is a highly regarded banking analyst who has been quite critical of the goings on with banks and their regulators. However, he is very even-handed in his assessment of the Fed's latest stress tests of the largest 19 banks.

Appraisers are pursuing class action suits against banks, asserting they were blacklisted if they refused to engage in fraudulent appraisals. The problem is that if they win, they are then subject to suit by homeowners (who are losing their…

The troubling paradox is that the strongest proponents of “broken windows” theory and policies in the blue collar crime context are the strongest opponents of applying analogous policies in the elite white collar crime context.

The financial plan is basically an asset grab. They want to load the whole economy down with debt. A consumer will come in and say, I’d like to take out a loan. They’ll say, how much do you earn? Everything over subsistence they’ll want as…

Anti-Euro MP Nigel Farage says the troika's economic policy in Greece is moving that country toward a violent revolution.

Cash accounts for almost 6% of all corporate assets and the highest in sixty years. This increase is a result of a number of factors. Record profits give businesses the wherewithal. But corporations are not rewarded for the cash holdings.…