On Thursday the U.S. Department of Justice inspector general released a scathing report on the Federal Bureau of Prisons’ monitoring of “contract prisons,” a shadow … End Prisons-for-ProfitRead more
Finance
Posted inCorruption / Finance / ToMl
How Much Do Shady Financial Practices Cost You, Exactly?
Average U.S. household loses over $100,000 to destructive activities of bankers and financiers America’s financial system is broken for all but a few at the … How Much Do Shady Financial Practices Cost You, Exactly?Read more
Posted inFinance / ToMl
World Leaders Challenge Predatory Hedge Funds in UN Development Agreement
At a United Nations development summit, world leaders, the International Monetary Fund and development organizations recommend the elimination of a type of hedge fund that … World Leaders Challenge Predatory Hedge Funds in UN Development AgreementRead more
Posted inDebt / Economics / Finance / ToMl / USA Empire
The Shocking Story Behind Wall Street’s Role in Debt Crisis
A stunning new report has just been released on Wall Street’s role in creating Puerto Rico’s $70 billion debt crisis. According to the ReFund America … The Shocking Story Behind Wall Street’s Role in Debt CrisisRead more
Posted inDebt / Economics / Finance / ToMl / USA Empire
Who got rich off the student debt crisis
A generation ago, Congress privatized a student loan program intended to give more Americans access to higher education. In its place, lawmakers created another profit … Who got rich off the student debt crisisRead more
Posted inCorruption / Economics / Finance / ToMl / whistleblower
The #LuxLeaks whistleblowers verdict
The verdicts are in. Today the Luxembourg court sentenced Antoine Deltour to 12 month suspended jail time and a €1,500 fine. Raphaël Halet is sentenced … The #LuxLeaks whistleblowers verdictRead more
Posted inEconomics / Finance / Financial crisis / ToMl
Cryptocurrency Crash
One of the more profitable trades this year was in the cryptocurrency Bitcoin. For those unfamiliar, Bitcoin is a digital asset and payment system — … Cryptocurrency CrashRead more
Posted inEconomics / Finance / ToMl
Why Ratings Agencies are Still a Joke
Whom are they trying to fool? The largest bankruptcy in Brazil’s history occurred on Monday when telecommunications carrier Oi SA threw in the towel. On … Why Ratings Agencies are Still a JokeRead more
Posted inEconomics / Finance / ToMl / whistleblower
Swiss whistleblower Rudolf Elmer
Rudolf Elmer, the Swiss whistleblower who has been pursued by Swiss courts for a decade and served over half a year in prison while accused … Swiss whistleblower Rudolf ElmerRead more
Posted inEconomics / Finance / ToMl
2008 All Over Again
Great Britain’s decision to leave the European Union has wiped out many bankers and global speculators. They will turn, as they did in 2008, to … 2008 All Over AgainRead more