Authored by Michael Hudson via NakedCapitalism.com,
*Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet.. Zero Hedge
Nobody yet can tell whether Donald Trump is an agent of change with a specific policy in mind, or merely a catalyst heralding an as yet undetermined turning point. His first month in the White House.. Eurasia Review
Goldman Sachs’ Chief Executive Lloyd Blankfein saw his overall compensation fall slightly, reflecting lower revenues at the bank in the first half of 2016. Blankfein's overall pay declined 4 percent.. Source: Wochit Business -
Banks and other financial companies are expecting big benefits from Republican-led deregulation. The financial sector spent $2.8 billion on political activity from the beginning of 2015 to the end of.. Source: Wochit News -
Canada: True North, Strong And Super Rich? Canada’s population of wealthy residents outpaced all major countries from 2015 to 2016 They’re reporting a 15 per-cent spike in people with a net worth.. Source: HuffPost Canada Trends -
Reuters reports that President Donald Trump swore in former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, putting him to work on tax reform, financial.. Source: Wochit News -
The U.S. Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top U.S. economic and.. Source: Wochit News -
In 2000, the Clinton administration commissioned a secret report called Life After Debt. The federal government had managed to run a budget surplus every year since 1997, having failed to do so at all.. City A.M.
Some hedge funders are happy about what Trump can do for their industry.
At the Absolute Return Symposium on March 16, four out of the five hedge funders polled on a panel said they thought that.. Business Insider
Ten years after the sub-prime mortgage crisis threatened to destroy the global financial system, conditions in France are ripe for another financial crash, according to a recent senate report... EurActiv
A bank run by Steven Mnuchin, President Trump’s pick for Treasury secretary, engaged in ethically questionable foreclosure practices in Washington state, including “robo-signing” of documents,.. Seattle Times
The price for an education has been rising rapidly while the value of that same education seems to be diminishing. Underemployment is an epidemic in the U.S. and traditional career paths are becoming.. Zero Hedge
Is there such a thing as a “subprime car loan bubble” brewing? Both Jamie Dimon (J.P Morgan boss) and comedian John Oliver seem to think so. While dedicating nearly 18 minutes of a recent episode.. Zero Hedge
On Friday, President Donald Trump plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place.. Zero Hedge
Being self employed has its benefits and drawbacks. One of the drawbacks being that obtaining a mortgage can be a little more difficult than your typical wage earner. Before the mortgage crisis,.. Huffington Post
Watch VideoPresident-elect Donald Trump's pick for treasury secretary, Steven Mnuchin, had a tough day of questioning on Capitol Hill.
Democratic members of the Senate Committee on Finance pushed.. Newsy