A brutal shake up at the ABC, we're buying nor backing the argument for corporate tax cuts, and more pain on its way for the big banks.
"Breaking up the banks" takes us backward; it uses the powers of the state to try and create a Jurassic Park of big beasts, freezing capitalist development at a certain stage, which is taken to be the natural order.
APRA has responded to the Murray Inquiry's call for higher residential mortgage capital requirements for banks, which may have flow-on effects through the economy, Glenn Dyer and Bernard Keane write.
There's no economic crisis, despite what the doomsters insist. Instead, we have a series of eminently soluble problems, Bernard Keane and Glenn Dyer write.
People hate rate rises, people hate banks, people hate politicians, banks love money, people love money...W H Chong presents a Venn diagram to help us make sense of the relationship between the public, our politicians and our big banks.
Which big American banks aren't being investigated for fraud these days? ProPublica has put together a crib note guide to which banks are under scrutiny, by whom, and for what.
An excellent investigation finds investigators at some of America's biggest banks and lenders uncovered damning evidence of fraud and corruption in the mortgage industry -- but the organisations either ignored them, harassed them, or fired them. And read part two here.
APRA's superannuation league tables are out again, revealing the sea of red ink caused by the GFC. All the biggest funds turned in dire results, but the in-house bank employee funds fared better. Why?