The massive scandal of the Hyderabad-based Karvy Stock Broking Limited (KSBL) that came to light in November has yet again highlighted the deep-rooted fraudulent practices … Karvy Scandal Sends Shockwaves Across Domestic Brokerage IndustryRead more
Finance
Posted inFinance / ToMl
The People’s Money (Part 3)
The big surprise of our tour of the Federal Reserve system (please see PARTS 1 & 2) is that the FED (America’s central bank)—as it … The People’s Money (Part 3)Read more
Posted inFinance / ToMl
Money Laundering as Briton’s great export
HSBC whistleblower Nicholas Wilson NICHOLAS WILSON: Rona Fairhead was head of risk in the United States, HSBC North America and at the time that the … Money Laundering as Briton’s great exportRead more
Posted inEconomics / Finance / ToMl
Why Online Shoppers Face Peculiar Results on Black Friday
“Dynamic Pricing” Online: Are Prices on Black Friday Actually Good Deals? Real-time “dynamic pricing” is a strategy based on which online sellers, such as retailers … Why Online Shoppers Face Peculiar Results on Black FridayRead more
Posted inFinance / Financial crisis / Government / Law / News / USA Empire
Congress Passes Sweeping Bill to Roll Back Dodd-Frank Act Regulations
On Capitol Hill, Congress passed sweeping legislation to exempt thousands of banks from key regulations in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection … Congress Passes Sweeping Bill to Roll Back Dodd-Frank Act RegulationsRead more
Posted inFinance / ToMl
ZEN and the Art of Modern Money, Part 2 (MMT)
FIRST: Prime the fuel-pumps As it stands, our diagram-machine has no fuel (“money”) in it, so it can’t operate. We could go through an exercise … ZEN and the Art of Modern Money, Part 2 (MMT)Read more
Posted inFinance / ToMl
With all this Money Printing, Where’s the Huge Inflation?
It constantly comes up: With all this central-bank money printing and the zero-interest-rate policies and the negative-interest-rate policies, and all these central-bank liquidity injections, in … With all this Money Printing, Where’s the Huge Inflation?Read more
Posted inBank / Finance / ToMl
The “Shelby Mafia” Is Muscling Through a Major New Bank Merger
The main players in approving the $28 billion bank merger between SunTrust and BB&T, and the agency that will ultimately oversee it, can all be … The “Shelby Mafia” Is Muscling Through a Major New Bank MergerRead more
Posted inFinance / ToMl
As cashless stores grow, so does the backlash
Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria … As cashless stores grow, so does the backlashRead more
Posted inEconomics / Finance / ToMl
Cash motivate people to spend less
Researchers have known for years that parting from cash can be a psychologically painful experience for many people — much more so than spending money … Cash motivate people to spend lessRead more