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Joseph Stiglitz – Globalization and its New Discontents

NEW YORK – Fifteen years ago, I wrote a little book, entitled Globalization and its Discontents, describing growing opposition in the developing world to globalizing reforms. It seemed a mystery: people in developing countries had been told that globalization would increase overall wellbeing. So why had so many people become so hostile to it? Now, globalization’s opponents in the emerging markets and …

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Leid Stories – The Clinton Foundation: Money and Politics – 05.26.16

Charles Ortel, a former Wall Street banker and investor whose digging into the financials of General Electric in 2007-2008 proved that the conglomerate had fraudulently overvalued its stock by hundreds of billions of dollars, has been detailing exclusively on Leid Stories major financial and accountability problems with the international philanthropic conglomerate operating as the Bill, Hillary & Chelsea Clinton Foundation.

Today Ortel, who has charged that the foundation is engaging in massive charity fraud, takes us into the Clintons’ hidden world, where money, politics and power intersect. His sweeping overview puts into perspective many unanswered questions about how the foundation has managed to evade scrutiny; how the Clintons leveraged political power and influence for financial gain; and their “special” relationship with President Barack Obama.

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Leid Stories – The Clinton Foundation A ‘Complete Fraud,’ Says Banker-Investor Who Blew the Whistle on GE Stock Scam – 05.23.16

Charles K. Ortel, a former Wall Street banker and investor, blew the whistle on General Electric in 2007-2008, after tearing its financial reports apart and finding the conglomerate had been lying to its investors, fraudulently overvaluing its stock by hundreds of millions of dollars.

Fifteen months ago, Ortel began looking forensically at the Bill, Hillary & Chelsea Clinton Foundation—a politically connected philanthropic conglomerate with multiple related entities, global interests and highly questionable fundraising practices. Like GE, he said, its financials were telling as very different stories from those it “officially” reported.

In an exclusive, no-holds-barred interview, Ortel again blows the whistle. What he has discovered about the Clintons’ foundation is that it is “a complete fraud,” he alleges.

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Citi Just Made “Global Recession In 2016” Its Base Case Scenario

Over the weekend, we reported that in a dramatic turn of events, the research division of Japan’s second biggest brokerage house, Daiwa, did what nobody else has done before and released a report in which it made a global financial “meltdown”, one resulting from nothing short of a Chinese economic cataclysm its base case scenario, its base case. It added …

Robo-Journalism Will Produce 1 Billion Web Stories in 2015 (This Isn’t One of Them); McJournalism Coming Up – Mike Shedlock

I sometimes get asked what I am going to do when I am replaced by a robot. On other occasions, I get emails from people hoping I get replaced by a robot. Those in the second group typically accuse me of not knowing what it is like to not have a job. Actually, I do know what it is like …