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Big Banks Win, You Lose (Volume 32,836)

Big Banks Win, You Lose (Volume 32,836) Part of the 2010 Dodd-Frank Act, the “Volcker Rule” was intended to prevent big banks from taking irresponsible risks. It’s named after a former Fed Chair, the late Paul Volcker, who used this concept to curb out-of-control inflation in the 1980s. But in spite of an already-uncertain economy, regulators […]

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Crashing The Financial System For Fun And Profit

Crashing The Financial System For Fun And Profit Huge Fortunes Can Be Made In Falling Markets It would be wise to remember we are in uncharted waters and this market could reverse on a dime. The stories flowing out of companies such as WeWork that are burning through cash screams danger ahead! This means we […]

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Why Dodd-Frank Is a Shell Game for Banks

Why Dodd-Frank Is a Shell Game for Banks Ten years after the crisis, financial regulation leaves taxpayers holding the bag for banks’ safety net. Regulation is best understood as a dynamic game of action and response, in which either regulators or regulatees may make a move at any time. In this game, regulatees tend to make […]

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Banks May Have Overplayed Their Hand Fighting Wall Street Regulation

Banks May Have Overplayed Their Hand Fighting Wall Street Regulation (Bloomberg) — The financial industry is finding that winning in Washington comes at a cost. Wall Street lobbied aggressively and succeeded late last year in persuading lawmakers to roll back rules for the $700 trillion derivatives market. Instead of generating momentum for further changes to […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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