Robert Rubin May Have Broken The Law During The Financial Crisis
Interview of Robert Rubin by the Financial Crisis Inquiry Commission. Some interesting material. The title and a good explanation of this interview comes from Stephen Gandel at Fortune. Full transcript below. Interview – ROBERT RUBIN MR. GREENE: On the record….
Skittish About ‘Capitalism’ – But Who Is Really Rigging the Game?
By Richard Morrison | March 11, 2016 | 10:23 AM EST This political season, Americans are skittish about capitalism. Some fear it will create inequality and wage stagnation while others simply lack clarity on what capitalism really is. Amid all…
Study shows that taxing the rich is good for the economy
Inequality Hampers Economic Growth a homeless man sleeps on the sidewalk on the corner of Beretania and Keeaumoku in Honolulu, HI. (Hawaiian Edge photo by Ron Caspi) Oahu, Hawaii – 2016 In this election year, when so much is at…
Should the government be able to read your text messages?
PRINCETON — As one of the United States’ largest technology companies is battling with the government over access to its cell phones, the federal prosecutor from New Jersey says Apple is seeking to make their products “warrant-proof.” On Friday, U.S….
Lies, damn lies, and European growth statistics
“Greece has at last returned to economic growth.” That was the official European Union (EU) storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new…
Another financial institution joins the rebellion, stockpiles cash and gold
Last year, amid all the madness in financial markets, financial historian and strategist Russell Napier joked about creating a “European high-yield capital guarantee fund.” His “high-yield” fund was nothing more than a secure room filled with physical cash, and a…
USAA Accounts Can Now Track Bitcoin
USAA, one of the 25 largest financial-services companies in the U.S., has over 11 million clients, or members, and you must have a military-family connection in order to join. This means its members, many of whom are stationed overseas, have…
Scandal-hit Toshiba to cut 34,000 jobs
Tokyo (dpa) – Electronics maker Toshiba said Friday it would slash a total of 34,000 employees in Japan and overseas by the end of the next financial year to restructure its business in the wake of a major accounting scandal….
Why Is the FCC Handing Google Your TV?
Regulation is supposed to protect us, whether from changing climate or lead in our water or speculators who crash financial markets. But the FCC has proposed a regulation that hands control of your TV to the country’s biggest monopolist, Google….
How Apple Could Lose By Winning: The DOJ’s Next Move Could Be Worse
Since the conflict over smartphone security, long simmering between Apple and the FBI, burst into the headlines last month, many of us who advocate for strong encryption have watched the competing legal arguments advanced by the parties with a certain…