Firm that Audits the Fed’s Financial Statements Hit with $625 Million in Damages for Negligence in Bank-Fraud Case Brought by the FDIC

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When it gets too complicated for senior auditors, send in a “college-aged intern.” For PricewaterhouseCoopers, having for years rubber-stamped as outside auditor the financial statements of Colonial Bank in Alabama is getting expensive. Colonial, the 25th …

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California bans soda tax

At the California State Capitol last Thursday, teenage health advocates from Stockton urged lawmakers to stand with communities like theirs and put people’s health over corporate profits. After more than a year of knocking on doors, talking with people at …

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Official White House Twitter Calls Out Senators Kamala Harris And Pocahontas For Supporting The “Animals of MS-13” And “Criminals Moving Weapons, Drugs And Victims Across Our Border”..

LEFTWING EXPERTS AGREE, WE MUST CLOSE THE BORDER — FOR THE WOMEN: “The United States must immediately close its border for the benefit of women in nearby countries, who, if allowed in, will face more dangerous conditions than they did in …

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Ron Paul On Trump-Putin Summit

by SP Today, the Ron Paul Institute posts his thoughts on the Trump-Putin Summit.  They sound a lot like PCR’s comments posted here yesterday. The neoconservatives and the liberal left anti-Trumpers have joined forces. President Trump’s National Security Advisor John Bolton was in Moscow last week …

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Vietnam stock market world’s worst performing in Q2 2018, and worst performance since 2008

The article cites several reasons and none of them seem likely to go away in the short term. https://e.vnexpress.net/news/business/from-the-best-to-the-worst-torrid-q2-for-vietnam-stock-market-3771969.html Global tensions and investors selling stocks have seen Vietnamese exchanges swing from one extreme to the other. Vietnam’s stock market plunged …

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