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Tag: SEC

Elizabeth Warren Calls for the Dismissal of the Head of SEC Who Refuses to Comply with Law

Elizabeth Warren wrote to Obama demanding Mary Jo White, the head of the SEC, be fired. She wrote: “I do not make this request lightly.”  Warren has...

New SEC Money Market Rule Will Send Cash into Treasuries

  The new SEC rule on money market funds takes effect October 17, 2016. There is never a crisis that simply passes. Such events always lead to more...

Where do US Multi-Nationals Hold Offshore Cash These Days?

What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple,...

Conspiracy Theories & Markets: In Search of the Gods of Wall Street?

QUESTION: Dear Mr Armstrong … An associate emailed me and asked me if I knew what PPT was? I told him …. I did not and to elaborate. He emailed me...

What Is Going on in the NY Fed? Will They Break Apart Big Banks?

In a speech, the New York Federal Reserve Board President William Dudley addressed the outrageous misconduct that has been going on within the financial industry....

So Why Are Bankers Never Personally Criminally Charged?

In the latest scandal where five major banks agreed to plead guilty to criminal charges brought by the U.S. Department of Justice for manipulating the foreign...

Judge Rules Administrative Court System Illegal After 81 Years

Well it has been a long time coming, but all along there have been discussions behind closed doors (never in public) that the Administrative Law Courts established...

Judges and Cops Fail to Prosecute Their Own – Judge Richard Owen is “Above the Law”

Judge Richard Owen Appointed to Bench by Richard Nixon Judge Owen – Dementia Police misconduct is everywhere and nobody seems willing to prosecute any...