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UPDATE: Bank of America Fined Another $16 Billion for Fraud

By L. Randall Wray

Bank of America just agreed to pay another $16 Billion fine for one of its frauds—selling trashy securities to its investors. Another day, another fraud exposed. No surprises there. This is so routine it barely deserves a headline.

According to Bloomberg, that raises the...

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The Next American Economy project brought together 30 experts from various disciplines to envision tomorrow's economic and political challenges and develop today's solutions. Their assignment: be bold, and leave the conventional wisdom -- and their own opinions -- behind. In today's video, Brookings' Robert Litan presents the evidence that

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The Next American Economy project brought together 30 experts from various disciplines to envision tomorrow's economic and political challenges and develop today's solutions. Their assignment: be bold, and leave the conventional wisdom -- and their own opinions -- behind. In today's video, Dane Stangler of the Kauffman Foundation predicts that the

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It's commendable that colleges are stepping up to change their approach sexual assault, but they should be sure to center students in the process.

Under increasing pressure from the White House, colleges and universities have been making changes in their approach to sexual assault. Following the release of an investigative report, the White House

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Just one in ten finance professionals said that they supported the financial and economic arguments that have been put forward by the pro-independence Yes campaign...
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Major General Harold Greene Killed In Insider Attack In Afghanistan

Major General Harold Greene

Yesterday Army Major General Harold Greene was killed in Afghanistan in one of two insider attacks that occurred that day against coalition forces. While touring Marshal Fahim National Defense University, in what a Pentagon spokesman described as a routine visit, Greene was shot and killed by an Afghan soldier firing...

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Mind the Gap: S&P Offers Sharp Economic Warning, Dull Fix (AJAM)

Gregg Levine speaks to Roosevelt Institute Fellow Mike Konczal, who is critical of Standard & Poor's for framing education as the solution to economic inequality, as though a

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Dear Reader,

Today’s feature is from the godfather of the investment newsletter industry.

You probably know him as founder of Agora. He’s also a serially successful businessman, with business operations in 18 countries. And he’s worth nearly a billion dollars.

I’ve followed Bill Bonner’s writing for years. Judging from his book sales, so have a

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Fathom Consulting warns that world is sliding towards its next "Minsky moment", with biggest risk stemming from China...
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Israeli Deputy Speaker Calls For Concentration Camps In Gaza, Sending Palestinians To Other Countries

Moshe Feiglin

Writers for The Times of Israel are not the only ones looking to obliterate the Palestinians in Gaza. Moshe Feiglin, the Deputy Speaker of the Israeli Knesset, has said it is time for Israel to take all of Gaza, destroy Hamas and all of their supporters, and send the Palestinians to concentration camps on the Sinai border until...

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