Category: Manipulation

The Mnuchin-Powell Affair over the Fed’s “Special Purpose Vehicles” in Dollars & Effects

The Mnuchin-Powell Affair over the Fed’s “Special Purpose Vehicles” in Dollars & Effects Why do bondholders and leveraged speculators have to be enriched, instead of providing fiscal relief to the unemployed and small businesses? That’s the question. By Wolf Richter for WOLF STREET....

The Great 2020 Bailout Bonanza

The Great 2020 Bailout Bonanza by David Haggith for The Great Recession Let us speak of megabanks and global corporations, chicanery and swine, and speak of how the great have feasted in the troughs of trillions dumped out by the...