Archives for: CFTC
Numbers never lie, bankers often do. So maybe it’s time to stimulate the economy by building bigger jails?
by Mitch Feierstein about 10 years 7 months ago
Another day, another banking scandal. Barclays’ LIBOR cheats exploited an arcane and out-dated rate-setting mechanism to fix rates in their favour – which means to your detriment. But just ripping off ordinary people and ordinary investors doesn’t win many points in the Bankster’s Cheat Olympics. If you really want to shoot for those medal places, […]
The Banks Fiddle… and You Lose
by Mitch Feierstein about 11 years 2 weeks ago
One of the permanent problems in writing about financial matters is that the issues at stake seem so technical, so arcane. It’s hard for any ordinary reader to get interested in these things. Hard not to think, Why does any of this matter to me? The trouble is you probably thought the same about the […]