Peak Housing reflects not just a credit bubble but Peak Fraud and Peak Suburbia.
Once again pundits are claiming that housing is “finally recovering.” But they’re overlooking three peaks: Peak Housing, Peak Financial Fraud, and Peak Suburbia, all…
Tag Archive for Financial Fraud
William Black
Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis
by New Economic Perspectives • • 0 Comments
Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis
By William K. Black (Cross-posted from Benzinga.com) Presidential nominees of either U.S. party can secure economic advice from any economist in the world. This makes it all the more amazing and sad that they choose economists with track records of … Continue reading →
Romney’s Lead Economist Urges Policies that will Cause the Next Financial Crisis
Charles Hugh Smith
Our "Let’s Pretend" Economy: Let’s Pretend Financialization Hasn’t Killed the Economy
by Charles Hugh Smith • • 0 Comments
Like the bubonic plague, financialization has a lifecycle that cannot be reversed by Federal Reserve or European Central Bank intervention.
Let’s pretend the Federal Reserve can force the financialization lifecycle back into expansion. Why do…
Contributors- Economic and Financial, Must Read, William Black
William K. Black on Financial Fraud
by New Economic Perspectives • • 0 Comments
William K. Black talks with EconTalk host Russ Roberts about financial fraud, starting with the Savings and Loan debacle up through the current financial crisis. Black explains how bank executives can use fraudulent loans to inflate the size of th…
Contributors- Economic and Financial, Must Read, William Black
Holder & Obama’s Propaganda is “Belied by a Troublesome Little Thing Called Facts”
by New Economic Perspectives • • 2 Comments
By William K. BlackThe Obama administration’s record of prosecuting elite financial frauds is worse than the Bush administration’s record, which is a very large statement. Syracuse University’s TRAC issued a report on November 11, 2011 entitled �…
Bears Chat, Best of the Forums, Must Read
No One Is Above the Law – Simon Johnson
by Bears Chat at The Wall Street Examiner • • 0 Comments
December 22, 2011, 5:00 am
No One Is Above the Law
By SIMON JOHNSON
Simon Johnson, the former chief economist at the International Monetary Fund, is the co-author of “13 Bankers.”
The American ideal of equal and impartial justice under law has r…
Bears Chat, Best of the Forums
The Eternal Teenage Life of Ruth Madoff
by Bears Chat at The Wall Street Examiner • • 0 Comments
After three years of near total silence since her husband, Bernard Madoff, admitted to running a Ponzi scheme that devastated thousands, Ruth Madoff has embarked on a nationwide sympathy tour. In the past week, she hit 60 Minutes and The Today Show,…
Bears Chat, Best of the Forums
Care about the WallSt takeover of America? Oct17th
by Bears Chat at The Wall Street Examiner • • 0 Comments
www.adbusters.org
Excerpt:
Hey you jammers, dreamers, patriots and revolutionaries out there,
Our occupation of Wall Street is less than two weeks away … do we have it together?
The perpetrators of the massive financial fraud have been allowed to…
Bears Chat, Best of the Forums
Madoff whistleblower: Here’s the next big fraud
by Bears Chat at The Wall Street Examiner • • 0 Comments
Madoff whistleblower: Here’s the next big fraud
By Margo D. Beller,
Harry Markopolos, an independent financial fraud investigator and the subject of a film, Chasing Madoff, which opened Friday, told CNBC Wednesday, “State Street and Bank of New York …
