Late Thursday afternoon, Malcolm Segal and Tom Johnson were in their respective law offices on Capitol Mall in downtown Sacramento preparing for a Friday hearing in federal court for Juan Tang, a Chinese cancer researcher who was due to face …
Pfizer Inc., the world’s largest drug maker, will pay a record $2.3 billion civil and criminal penalty over unlawful prescription drug promotions, the Justice Department announced Wednesday. (Sept. 2) h/t rekm35
All told, Congress has authorized about $5.9 trillion in spending to address the social and economic fallout from the pandemic, of which $4.32 trillion has been disbursed or committed already. By now, more than a year into this unprecedented burst of spending, …
by Martin Armstrong In July 2015, then CEO Dick Costolo departed Twitter, and Jack Dorsey assumed the role of interim CEO. Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and launched in …
Politicians and bureaucrats are (self-interested) conduits for taking money from one group of people and giving it to another group of people. Milton Friedman famously explained that this is why they largely don’t care about how much money is spent or how …
The non-illegal use cases of Bitcoin have not grown, in fact, they have declined in recent years, said Peter Berezin, chief global strategist at BCA Research. Berezin told David Lin, anchor for Kitco News that Bitcoin is more likely to …
Saagar Enjeti discusses MSM’s conflicting coverage of coronavirus policy in red versus blue states.
https://www.youtube.com/watch?v=rUQ2_lYsaFM A north Missouri businessman who was involved in the largest organic fraud scheme in American history has been sentenced to probation and fined. According to KTTN, federal prosecutors in Cedar Rapids, Iowa, sentenced Steven Whiteside of Chilicothe to three …
by: Cassie B. (Natural News) Impossible Foods has been getting a lot of buzz for its veggie “burger that bleeds.” Whether it’s family members, friends or celebrities on social media, you don’t have to search very hard to find someone …
A Nigerian citizen was arrested at New York’s JFK Airport and charged with wire fraud in a scheme to steal over $350,000 in Washington state unemployment benefits, federal officials said. 00:00 – Unemployment fraud A citizens group filed a recall …
Daniel Kamensky, founder and former manager of New York-based hedge fund Marble Ridge Capital, has been sentenced to six months in prison for bankruptcy fraud, according to a statement from the United States Attorney’s Office in the southern district of …
Chris Marcus with Sean on SGTreport Chris Marcus from Arcadia Economics joins to me to discuss and expose the most glaringly obvious criminal banking fraud in world history. Thanks for tuning in. FULL SHOW NOTES AND LINKS HERE
Convicted lawmaker Chaim Deutsch was expelled from the City Council Tuesday by Speaker Corey Johnson, just days after he pleaded guilty to federal charges of cheating on his taxes. “Based on our review of the charging document and Mr. Chaim …
In the aftermath of the Texas blackouts, one thing became clear: Big Wind and Big Solar have nearly every media outlet in the country on speed dial. Indeed, in the days after the blackouts, numerous media outlets carried stories proclaiming …
by KamikazeKash I remember it being touted as the biggest corporate fraud case in decades, when it happened in late 2019. I skimmed through his team’s 169 page report, watched videos summarizing the report. A lot of it seemed credible. …
by Martin Armstrong QUESTION: Would you cut off a corporate client who is endorsing this WOKE movement? LD ANSWER: Any corporation seeking to take our models while joining Schwab’s Stakeholder Corporate Activism can seek forecasting elsewhere. If Big Tech can have guidelines …
Black Lives Matter has been in the headlines recently, and not for anything positive that they have been doing. As protesters have become aggressive in several cities it was learned that one BLM leader, a self-proclaimed Marxist, has been purchasing …
These markets are now 100% fraud from end to end. From Gamestop to Bitcoins to SPACs to ARK ETFs to cyclicals and this end of cycle borrowed recovery @27% of GDP stimulus. Those who can't see a problem are part …
A significant portion of unemployment benefits to Americans struggling during the coronavirus pandemic may be getting stolen by fraudsters, according to new data. ID.me, a computer security firm which works with 22 states to combat unemployment fraud and successfully helps workforce agencies identify legitimate unemployment …
At least 5 news outlets, NBC News, USA Today, ABC News, PBS NewsHour, and CNN all made up a claim to confirm information from anonymous sources regarding Trump phone call. h/t Sheprecon31
On the Washington Post and "find the fraud." Perhaps the biggest story that the media refuses to publish: The identity of their lying sources. Our latest:https://t.co/sdXMUrLnj8 — Techno Fog (@Techno_Fog) March 15, 2021 The Washington Post Issues a “Correction” Which …
By David Stockman Big Five Combined (billions): Q2 2007………$5,354 Q4 2018……….$20,652 CAGR…….12.5%/Year
This isn’t just a computer bug. It’s a scandal. Two Boeing airplanes have fallen out of the air and crashed in the past six months. On the surface, this is a technical failure. But the real story is about a …
by Graham Summers of Gains, Pains, & Capital Do you know Harry Markopolos? Harry was the man who knew Bernie Madoff was a fraud… years before Madoff was caught. At a time when everyone, including the most elite analysts on Wall Street were …
by Charles Hugh-Smith Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: fraud and credit-valuation over-reach.Fraud-based financial crises may differ in particulars, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It’s not often that we get to see the details of how companies commit $7.4 billion worth of fraud. Steinhoff International Holdings, a former empire of retailers and other companies in Europe, Africa, Australasia, and the …
via CNBC: The SEC is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal. The commission said that between April 2014 and May 2015 Volkswagen issued more than $13 billion in bonds and asset-backed …
The subprime crisis taught the world, particularly those in the U.S, the dangers of gambling with real estate. They pushed it to the absolute maximum and it destroyed many people along the way. This was called out by some, but …
It does not cut individual benefits that citizens receive, but instead targets waste and fraud in the agencies themselves. Its an overall budget. That also takes into account the projected savings under those same agencies. President Donald J. Trump is …
