The Soundings Blog

Why Is Wells Fargo Still In Business?

As people who read me regularly might know, Wells Fargo has been long been my poster boy for criminal banking activity. For most of this century, the bank has essentially been a criminal enterprise,...

The End Game

Jeremy Bash, the MSNBC contributor, struck to the heart of the matter the other day when he mused about where we will be when the Supreme Court rules against Trump in one of the...

Trump/GOP And Orban/Fidesz – Two Of A Kind

There is something sickeningly appropriate about Trump hosting the xenophobic, anti-Semitic, and anti-intellectual Hungarian autocrat Viktor Orban at the White House the other day and praising him as a man “respected all over Europe”...

Late Stage American Capitalism

In prior posts, I have written how the professional classes abet the kleptocracy, using the 1MDB scandal, perhaps the greatest financial fraud in history, to illustrate how Wall Street, bankers, lawyers, and accountants were...