Why did the Fed allow the collapse of Lehman Brothers? How did liars loans and fraud become so pervasive throughout the financial sector? Bill Black continues his history of financial fraud on theAnalysis.news with Paul Jay.
The weakness of regulations and resources to enforce accountability on the finance sector is by design. Regulators’ budgets have been gutted, and even weak laws made unenforceable. Unless individual bankers go to jail when they commit fraud, nothing will change. Bill Black on theAnalysis.news with...
How does a corrupt mortgage scam by brokers in California become a massive national fraud that puts the whole economy into a deep crisis? Bill Black on theAnalysis.news with Paul Jay.
Will a large infrastructure plan create inflation? If inflation is linked to higher wages, that's not bad for workers, says Pollin. Large increases in inflation have been linked to higher oil prices which are unlikely. What's missing from the Biden plan is it doesn't sufficiently address a just...
Why is the Fed buying corporate junk bonds and debt but won't buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay.
Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal. Bankers continue to loot their banks, customers, and society to this day. Part 1/9, on theAnalysis.news with Paul Jay.
There are major divisions in the E.U. about how to handle the pandemic and economic crisis, the domination of Germany and France, and relations with China and the U.S. Mark Blyth on theAnalysis.news with Paul Jay.
The U.S. SEC has opened an investigation into Archegos Capital's Bill Hwang and trades that led to $20 billion in losses for his firm and perhaps billions more for various banks. What kind of perverted system allows such chaos? Bill Black on theAnalysis.news with Paul Jay.
Texas’s electricity market “reforms” made the current crisis inevitable
Is the level of political discourse a reflection of the rise of fascism in the United States? Will Biden set the stage for a more dangerous far-right demagogue? Adolph Reed and Leo Panitch say organizing a renewed labor movement is crucial for defeating the rise of fascism. On theAnalysis.news...