Posts filed under “Legal”

Officer Involved Fatalities: 1999-2014

Source: NY Daily News

Category: Data Analysis, Legal

How Has the Bankruptcy Act Affected Bankruptcy Filings?

How Has the Bankruptcy Act Affected Bankruptcy Filings? By Juan M. Sánchez, Senior Economist     ©Thinkstock/bobbushphoto   It is well known that the number of non-business bankruptcy filings increased dramatically during the ‘80s and ‘90s. This period has been referred to as the “revolution in consumer credit and consumer bankruptcy,”1 as the number of Chapter…Read More

Category: Legal, Think Tank

The Russian Laundromat

Source: OCCRP From OCCRP: Call it the Laundromat. It’s a complex system for laundering more than $20 billion in Russian money stolen from the government by corrupt politicians or earned through organized crime activity. It was designed to not only move money from Russian shell companies into EU banks through Latvia, it had the added…Read More

Category: Crony Capitalists, Currency, Digital Media, Finance, Legal, Politics

Tracking Inside Info in ‘Fight Club’ Ring

From Bloomberg Graphics: Nine people were convicted for trading on inside tips about Dell and two other tech firms, including five who were part of a group dubbed the “Fight Club.”* Three of those convictions are on appeal. A Dell insider named in those trials, Rob Ray, wasn’t charged and denies wrongdoing. Source: Bloomberg Graphics

Category: Digital Media, Legal, Really, really bad calls, Trading

Big Banks Manipulate Physical MarketsPrices

Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy.  They say we need to break up the big banks to stabilize the economy. …Read More

Category: Bailouts, Legal, Think Tank

Currency Markets Are Rigged

Big Banks Busted Massively Manipulating Foreign Exchange, Precious Metals … And Every Other Market Currency markets are massively rigged. And see this and this. Reuters notes today: Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange…Read More

Category: Currency, Gold & Precious Metals, Legal, Think Tank

TDS: Money is the Big Winner of 2014 Midterms

Jon Stewart election 110414 by lookatmyshirt

Category: Finance, Legal, Really, really bad calls, Video

John Oliver: State Legislatures and ALEC

While midterm coverage is largely focused on the parts of Congress that do very little, vital (and bizarre) midterm elections are going unexamined. State legislators pass a lot of bills, and some of that efficiency is thanks to a group called ALEC that writes legislation for them. It’s as shady as it sounds!



via John Oliver, HBO



Category: Legal, Politics, Really, really bad calls, Video

Find a financial adviser who will put your interests first

Find a financial adviser who will put your interests first Barry Ritholtz Washington Post, October 26 2014       Today’s column is going to be on the wonky side, but stay with me — it is very important stuff. For investors seeking some help, it can be crucial. If you want financial advice, there…Read More

Category: Apprenticed Investor, Investing, Legal

Exporting Corruption

From Transparency International: The OECD Anti-Bribery Convention, adopted in 1997, requires each signatory country to make foreign bribery a crime for which individuals and enterprises are responsible. The Convention is a key instrument for curbing the export of corruption globally because the 41 signatory countries are responsible for approximately two-thirds of world exports and almost…Read More

Category: Corporate Management, Legal, Politics