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No Banker Goes To Jail – Former Barclays Executives Acquitted Of Fraud

No Banker Goes To Jail – Former Barclays Executives Acquitted Of Fraud   Days after Wells Fargo agreed to pay $35 million to settle regulatory claims that its financial advisors pushed clients into risky exchange-traded funds, three former Barclays executives were acquitted of fraud by a London jury after they were accused of paying secret “fees” […]

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CDO Redux: Credit Spreads & Financial Fraud

CDO Redux: Credit Spreads & Financial Fraud “The great wheel of circulation is altogether different from the goods which are circulated by means of it. The revenue of the society consists altogether in those goods, and not in the wheel which circulates them” Adam Smith, 1811 Southport | This week in The Institutional Risk Analyst, […]

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Official Suspected of Biggest Financial Fraud in China’s History Investigated

Official Suspected of Biggest Financial Fraud in China’s History Investigated The high-living nephew of a former Chinese communist leader is said to be in the crosshairs of the Party’s anti-corruption investigators, according to a number of reports in the Hong Kong press recently. Hong Kong press reports are not always reliable, but often enough include […]

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Greece: Are You Finally Ready to Do the Right Thing and Leave the Euro?

Greece: Are You Finally Ready to Do the Right Thing and Leave the Euro? The era of living off borrowed money is over in Greece, and the Greek people now have a choice. Almost four years ago I wrote Greece, Please Do The Right Thing: Default Now(June 1, 2011). Default remains the only real way forward […]

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Olduvai IV: Courage
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