
While promoting his new film “The Big Short” about the 2008 financial crisis, actor Christian Bale says GOP presidential candidate Jeb Bush should “immediately” be disqualified from the race due to his ties to Lehman Brothers.
by Daniel Nussbaum9 Dec 2015, 8:05 AM PST0

With Oscar prospects plummeting for the anti-Wall Street film The Big Short, Brad Pitt is rallying Tinseltown progressives to pump up the buzz for his two-hour morality lecture.
by Chriss W. Street3 Dec 2015, 5:00 PM PST0

Brad Pitt offered up some advice to those about to vote in the 2016 elections — don’t let emotion cloud your judgement.
by Daniel Nussbaum24 Nov 2015, 9:55 AM PST0

You might think, as many investors do, that a loss of confidence in Beijing caused the Chinese market rout, but Beijing thinks you’ll find the real culprits along the banks of the Potomac.
by John Hayward28 Aug 2015, 6:19 PM PST0

Kirk Bostrom at Strategic Preservation Partners LP warns that a global government bond crash is finally under way.
by Chriss W. Street17 Aug 2015, 6:27 AM PST0

The poll found that UK, France, Germany and the Netherlands appear to view the perception of Greece more negatively due to the current situation. However, the study showed countries that were more impacted by the economic crisis across Europe had a less negative opinion of Greece as a tourist destination.
by Alex Swoyer9 Jul 2015, 8:30 AM PST0

In the wake of the growing financial crisis, thousands of Greek nationals are fleeing their homeland. Tens of thousands have ended up in Australia. It is the largest wave of migration from Greece to Australia since hundreds of thousands fled the march of fascism in World War II.
by Michael Lucchese2 Jul 2015, 9:10 PM PST0

David Rosenberg, former Chief Economist for Merrill Lynch, recently made the comment that the current global interest rates, at below 2 percent, have only been this low once or twice in the last 500 years. The globalization cycle over the last two decades pushed up total world debt to $223.3 trillion, over three times the world GDP of about $75 trillion. But the current low rates indicate that individuals and corporations no longer have the moral willingness to take on more debt.
by Chriss W. Street12 May 2015, 4:00 AM PST0

The Office of the Comptroller of the Currency (OCC), which regulates the financial risks posed by the lending activity of American national banks, has officially reported that banks are expanding sub-prime credit by raising borrowing limits for credit card holders. The new concerns follow an OCC report last June that flagged “problematic” recent high-risk corporate takeovers, car loans through auto dealers, and commercial finance lending.
by Chriss W. Street6 Apr 2015, 1:00 PM PST0

No matter what the expressed intentions of regulators might be, the practical effect of the hyper-State is to keep new upstarts out of established markets, squash small competitors, and fuel the drive toward consolidation. That’s why big business doesn’t favor small government.
by John Hayward11 Mar 2015, 2:07 PM PST0