Rewarding Failure – Volkswagen CEO to Receive $32 Million Pension
Michael Krieger | It didn’t take long for crony capitalism to kick in.
Michael Krieger | It didn’t take long for crony capitalism to kick in.
Zero Hedge | It took just a few days, and becoming America’s most hated man in the process, for Turing Pharma CEO Martin Shkreli to fold.
Brandon Smith | The best position for a tyrant or tyrants to be in, at least while consolidating power, is tyranny by proxy.
Zero Hedge | Until recently, John Burbank’s Passport Capital was one of the top 15 performing hedge funds in 2015.
Michael Krieger | Welcome to the Oligarch Recovery.
Douglas Terry | The Federal Reserve left interest rates at 0 after their 2 day policy meeting this week. Less concerning, they lowered the forecast for future rates.
Charles Hugh Smith | The idea that human life subdivides rather naturally into stages is based on our natural progression from childhood into adulthood and eventual (if we’re lucky) old age.
Zero Hedge | As of today you really can pay your taxes, your credit cards, your mortgage, shop at Costco, and buy your groceries without so much as a bank account while using sound money.
Charles Hugh Smith | A rising tide raises all boats, from rowboats to yachts–this is the narrative of “prosperity.”
Zero Hedge | This was the first time in Fed history that an FOMC member has on the record predicted NIRP in the US.
Peter Schiff | Once again the Fed’s bite has failed to live up to its bark.
Michael Krieger | This is the perfect post for Fed day, where once again America’s Banana Republic central planning statists were too petrified to raise interest rates.
Brandon Smith | The overall market consensus seems to be one of outright bewilderment.
Mac Slavo | As if there haven’t been enough financial worries, now a Nobel economics laureate is now signalling the alarm.
Brandon Smith | They can do it, and they probably will do it before the year is over.