Libor scandal erupts: Another taste of crony capitalism
They have been up to their necks in crony capitalism. Even Lord Adair Turner, former head of the CBI, and now head of the Financial Services Authority, accused the bankers as being “socially useless”. “Foreign exchange carry trades are, as far as I can ...
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Ex-Im Bank Crucial to Clinton Crony Capitalism Faces Closure
Obviously, there is no shortage of crony capitalism at Ex-Im. However, a just-released addendum to the AT report highlights Ex-Im's involvement in funding many of the green-energy projects I've covered in the past few years. Recipients of Ex-Im support ...
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