The Fount of Useless Information
Your place for useless information that just might possibly be interesting.
Feds wrestle with ‘too big to jail’
http://money.cnn.com/2014/05/05/investing/too-big-to-jail/index.html?hpt=hp_t2
I talk about “too big to jail” here from time to time. The core of the problem remains this idiotic notion of a corporate entity being ‘human’. You can’t put …
The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet
Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever
http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212
I wrote earlier about …
Lurid Subprime Scams Unveiled in Long-Running Fraud Trial
http://www.rollingstone.com/politics/blogs/taibblog/lurid-subprime-scams-unveiled-in-long-running-fraud-trial-20131212
Matt is more upset about this sort of thing than I am. I _expect_ this sort of behavior when our government regulation has been as completely neutered as it has been …
To Bring Healthcare Prices Down, Consumers Must Demand Price Transparency
http://www.forbes.com/sites/realspin/2013/03/20/to-bring-healthcare-prices-down-consumers-must-demand-price-transparency/
The biggest thing to understand is that for our health care costs to drop by 30% that means that the often insane profits that the industry makes has to …
Live-Blogging Senate Hearing Tomorrow, When J.P. Morgan Chase Will Be Torn a New One
http://www.rollingstone.com/politics/blogs/taibblog/live-blogging-senate-hearing-tomorrow-when-j-p-morgan-chase-will-be-torn-a-new-one-20130314
I have complained off and on about this idiotic ‘too big to fail’ crap for years (now we have “too big to jail” …
HSBC, too big to jail, is the new poster child for US two-tiered justice system
DOJ officials unblinkingly insist that the banking giant is too powerful and important to subject to the rule of law
http://www.guardian.co.uk/commentisfree/2012/dec/12/hsbc-prosecution-fine-money-laundering
HSBC was given a …