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SEC Statute of Limitations Applies to Disgorgement

Justice Sotomayor in the Supreme Court just held that the 5-year statute of limitations for penalties under 28 USC 2462 applies to SEC disgorgement claims. This...

Illinois In Deep Financial Trouble

Illinois Comptroller Susana Mendoza was ordered to make a “substantial” dent in a $2 billion backlog of bills owed to Medicaid providers. The courts...

Comey Proves He is Part of Gang of Four Against Trump

The most telling thing about Comey is he said he did not trust Trump and “thought” he might need notes to protect himself and the FBI when speaking to...

Market Talk- June 9, 2017

The big talking point in Asia was GBP and the early indications that results were leading to a hung-parliament. Even before Europe had opened sterling was around...

ECB In Serious Trouble

The European Central Bank (ECB) left its stimulus programs and record low interest rates unchanged. Pundits were seeing some cyclical signs of what they hoped was a...

British Election Backfires on May – Exit Polls Show Hung Parliament

It’s looking like a hung Parliament and the polls got it wrong again in Britain. The Conservatives appear to be 12 seats short of the 326 to rule with a...

Bank Stocks Have a Completely New Risk

Spain’s Banco Santander is paying €1 to take over troubled rival Banco Popular, in a deal that illustrates Europe’s new system to rescue failing banks...

As Expected – Comey Tries Hard to Take Down Trump Admits He is Leaker

James Comey that he orchestrated the leak of his conversations with President Donald Trump claiming he thought it might lead to the appointment of a special...

Market Talk- June 8th, 2017

The Asian session was mildly positive with just the Nikkei, the SENSEX and Nifty closing lower on the day. Although they were only small gains, they were gains none...

Propaganda About Global Warming

  The energy output of the sun I have reported is crashing faster than anyone expected. Normally, when the cycle has changed from global warming to global...