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Latest Wall Street Corruption News

Sri Lanka Chooses Change
Since many UPFA lawmakers were not loyal to Mr. Sirisena, he was unable to pass the entirety of his reform program, including tackling corruption, improving interethnic ties and blunting excesses of the executive branch. Mr. Sirisena dissolved ...
Read more on Wall Street Journal

Visa CEO Wants Independent Panel to Oversee Reforms at FIFA
U.S. prosecutors in May released a 161-page indictment that detailed broad corruption charges against 14 people linked to the organization. Visa, which is a major World Cup sponsor, previously has said it wants sweeping changes at FIFA and could ...
Read more on Wall Street Journal

Brazilian Protests: Calls For President Dilma Rousseff's Removal Amid ...
The president was the chairwoman of Petrobras during many of the years that the alleged corruption took place, reported The Wall Street Journal. As a result of the investigation, Rousseff has seen her approval rating drop to less than 10 percent about ...
Read more on Headlines & Global News

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Latest Moral Hazard News

The cutting edge of moral hazard is the collapse of a banking system
Greece has set the new high price of “moral hazard.” Emergency liquidity assistance (ELA) from the European Central Bank now is estimated to exceed €100 billion. It continues to rise. The population of Greece is approximately 11 million people.
Read more on Business Insider

Low interest rates have served their day, now they're causing problems of ...
These days, "moral hazard" might be a better description. The Federal Reserve is likely to raise its benchmark lending rate (for the first time since 2006) this year - possibly next month. It will be the most-telegraphed, most talked-about rate rise in ...
Read more on The Australian Financial Review

ECB Adds 'Moral Hazard' to Emergency Liquidity Assistance Rules
The European Central Bank warned that “moral hazard” could be a reason to object to the emergency liquidity assistance it allows lenders to access, just a day after it tightened conditions on the aid for Greece. The Eurosystem's functioning could be ...
Read more on Bloomberg

Gold prices likely to trade positive: Sushil Finance
The lack of RMB volatility, and the perceived one-way appreciation of the RMB created moral hazard where corporate chief financial officers were incentivized to profit from having assets in RMB and liabilities in U.S. dollars. As a result the ...
Read more on Celebrity Cafe - Entertainment News (blog)

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Latest Market Manipulation News

Test for FMA - proving manipulation in an easily manipulated market
The civil proceedings by the Financial Markets Authority (FMA) against Mark Warminger for market manipulation while a portfolio manager for Milford Asset Management Limited will provide an interesting test case. The law is well-established. The ...
Read more on Mondaq News Alerts (registration)

BP manipulated Texas natural gas market in 2008, judge says (BP)
BP manipulated the Texas natural gas market in 2008 and then conducted an inadequate internal investigation, a U.S. administrative law judge ruled today, opening the possibility of more fines against the company because the scheme took place after ...
Read more on Seeking Alpha

Chinese company under probe for market manipulation
Prospects are dim for China's Hanergy Thin Film Power to resume trading soon in Hong Kong as regulators extend their two-month investigation into its dramatic share price fall in May. The mainland China-based solar technology firm, which quickly became ...
Read more on CCTV-America

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Latest Government Statistics News

'Broken' Childcare Economics Slamming Younger U.S. Households
... up as scant public funding and more expensive food and rent propel costs. That crimps their ability to hire staff, with payrolls in the industry rising 3.7 percent since the start of the expansion in June 2009, compared with an 8.5 percent gain for ...
Read more on Bloomberg

China's government is absolutely lying about its economy
We've also warned that its economic statistics are not real – they are purposefully overstated and then revised later, if at all. I don't see how this top-down dinosaur of a centrally planned government can continue in power. I don't even know how it ...
Read more on Business Insider

US productivity growth rebounds to 1.3 pct. in 2nd quarter
Some experts believe that improvements in software and other high-tech products aren't being accurately measured by the government's statistics, which were formulated when manufacturing, agriculture and other tangible goods accounted for a bigger share ...
Read more on Barre Montpelier Times Argus