Immorality and Paul Singer’s Elliott Management – they’re called vulture funds for a reason (video)

There are hedge funds operating in every market where underhand amoral spivs can turn a profit.  One of the most profitable and (you guessed it) ethically questionable is the market for so-called “distressed assets”. A distressed asset is a security or other …

The Blackstone and Codere scandal: “just another day on Wall Street” (video)

In the securities industry, much of the multi-trillion dollar trading that occurs in the markets remains un- or under regulated.  One such under regulated market is the trading of Credit Default Swap‘s, the banking industry’s own weapons of mass destruction. …

Corporations are legally defined as people except when they commit a crime (video)

Jon Stewart on the travesty of justice that allows businesses like Johnson & Johnson, Goldman Sachs , HSBC, GSK, Pfizer, and a host of other large corporations to negotiate with regulators to pay fines as their pennance for crimes that they have committed whilst none …