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Category Archives: Banking Industry
The Pyramid (The root of all manipulation, part 3)
It’s useful to think of the financial system as a pyramid, with each layer preying and manipulating the layer underneath it. Each layer up the pyramid is wealthier and generally savvier than the layer below it, and generally the manipulation … Continue reading
Read more about The Pyramid (The root of all manipulation, part 3)The root of all manipulation, part II
There’s a few articles in the press about the debt ceiling these days, have you noticed? Yes, of course, unless you’ve been in a log, you’ve heard about our bursting debt ceiling, our deficit, and all the associated goodness. It’s … Continue reading
Read more about The root of all manipulation, part II
Posted in Banking Industry, Corporate Manipulation
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Price manipulations, part II
Hey folks! I’m back, albeit briefly! Part of the challenge of deciding what topics I cover on this blog is the trade-off between getting a clear picture of a manipulation, and finding ‘live’ examples to discuss. In general, talking about … Continue reading
Read more about Price manipulations, part IIProfessional Credits
Anyone who likes manipulation must love credit cards. For the past few years, credit cards were one of the biggest profit center of the banks that gave them out. I could write a whole book on how banks could manipulate … Continue reading
Read more about Professional Credits