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Venezuela’s president is bullying a Harvard professor

LIMA, Peru — Expressing intense differences of opinion at Ivy League universities is not exactly new. It is actually the schools’ lifeblood.

But it’s not every day that you hear an eminent Harvard professor accused of being a “bandit” and “financial hit man.” 680 more words

Latin America

It's the worst possible time to buy stocks

We have now entered the most dangerous phase of any bull market. Call it the momentum trap—the point at which greed begins to overwhelm reason. More than five years after stocks bottomed out during the Great Recession, equities continue to hit new highs. 998 more words

Finance

syndicated loans included in general loan accounting

Following research commissioned around the Banking sector loans issued within the jurisdiction of the Commission and for the next loan loan management approach when consulted, the central bank’s supervision of the loan committee also promoted simultaneously. 437 more words

THE UNCLE SAM SCAM

THE UNCLE SAM SCAM

Take one step forward
And two steps back.
Be sure you are following
The corporate track.
Pay out your earnings
Never give a damn… 185 more words

POETRY

Who Killed the American Economy? (A Whodunnit By David Stockman)

Anyone wishing to understand the decline of the American economy straight out, sans spin, calling a spade a Greenspan with no prisoners taken, no excuses and no gobble-de-gook will be rewarded by David Stockman’s “ 444 more words

Economics

Sen. Warren: Cantor job shows Wall Street's 'outsized influence'

Sen. Elizabeth Warren, a longtime Wall Street critic, is standing by her criticism of former House majority leader Eric Cantor’s move to an investment bank… 200 more words

Senate

Holder wants to boost payouts for Wall Street whistleblowers

WASHINGTON — U.S. Attorney General Eric Holder wants to offer Wall Street whistleblowers heftier payouts to report financial fraud.

In a speech slated for delivery Wednesday in New York, Holder will ask Congress to change a federal law to increase the financial reward paid to anyone who provides evidence of financial fraud to the government. 239 more words

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