Central banks are now all over the news with inflation now being front and center of economic discussion. Historically, Americans have been skeptical of these institutions. Founding Father Thomas Jefferson was alleged to have said: “If the American people ever...
The nation’s big banks have been paying out millions to settle a long string of lawsuits pressed by the US Department of Justice and numerous states’ attorneys general. But where do those millions come from? According to new figures cited by the Bloomberg Review, over...
More evidence that the Bitcoin is running with the big dogs of the finance world: the CEO of major Bitcoin exchange First Meta has joined the growing list of suicides and other mysterious deaths that have cast a long shadow over the international financial community...
Identity theft has been making headlines in several different ways lately, beginning with the data breach involving shoppers at Target department stores over Thanksgiving 2013. Add to that news about domestic surveillance operations that point up jut how easy it is to...
It sounds like something from a science fiction movie: a shadow world that exists alongside the one we know. But “shadow banking” – an unregulated, opaque world of financial dealings that functions alongside usual commercial banking practices – is very real. And the...
