Libertarian Institute, November 2, 2022 Biden, Our Boneheaded Chip Czar by Jim Bovard Jubilation erupted in Washington this summer as politicians lurched towards commandeering a key swath of the American economy. Congress passed Biden-backed legislation known as the Chip Act to spend $52 billion subsidizing semiconductor production. A Washington Post headline hailed “a big month […]
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A movement that formed on Reddit groups to challenge challenge billionaire hedge funders with coordinated buys of failing companies has exposed the un-democratic foundations of US capitalism Max Blumenthal visits a spontaneous protest outside the Securities and Exchange Commission after online investing companies like Robinhood blocked trades in Gamestop to prevent retail investors from challenging hedge funds, and takes a look at Treasury Secretary Janet Yellen’s staggering conflicts of interest.
(ANTIMEDIA) — A federal crackdown may be looming over the cryptocurrency world. On Wednesday, the Securities and Exchange Commission (SEC) published a warning on “potentially unlawful” online platforms used to trade digital assets. “The SEC staff has concerns that many online trading platforms appear to investors as SEC-registered and regulated marketplaces when they are not,” the statement read. “Many platforms refer to themselves […]
(ANTIMEDIA Op-ed) — The federal government is no match for innovation. This is something lawmakers have always known, and it is the reason state and federal regulations exist. But innovation, by its very nature, will always find a way around those regulations, resulting in the implementation of more regulations for creative minds to learn to evade — which they will.
Securities and Exchange Commission (SEC) Chairman nominee Jay Clayton is sworn-in on Capitol Hill in Washington, Thursday, March 23, 2017, prior to testifying at his confirmation hearing before the Senate Banking Committee. (AP/Pablo Martinez Monsivais)
Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) rallied against President Donald Trump’s nominee to head the Securities and Exchange Commission (SEC), Wall Street lawyer Jay Clayton, alongside other progressive leaders late Wednesday.
James Li has been on the run for eight years. His crime? Forging fake purchase orders to inflate his company’s sales and dumping 93 million worthless shares on the market.
How much did James Li and his partners take in? Over a billion dollars. Where is James Li now? You can find him but you can’t catch him. He was last seen in Taiwan but can’t be extradited and, in any case, the Attorney General never bothered to charge him with forgery.
Monsanto just keeps being forced to pay the piper. The mega-corp has lied to consumers about the safety of GM seed and their best-selling herbicide, and now it is being held accountable for stealing from and cheating its investors.
The company will pay an $80 million settlement to the US Securities and Exchange Commission (SEC) as a penalty for lying about earnings for glyphosate-riddled herbicide, Round Up. The SEC charges that Monsanto violated accounting rules and misstated company earnings as it pertained to its flagship product.
