I cringe to admit that certain buzzwords appearing in your brief reports fly over my head - nevertheless I persevere, and every time i read your round-up of financial news my suspicions are confirmed, the US financial sector is a veritable stew of con artists, and that the hapless regulatory sector runs bleating after the thieves, malefactors and corrupted legislators while law enforcement largely lacks the smarts and the tools to bring the criminals to justice. While they are putting out the fires of currents scams the shysters are busy dreaming up new schemes to defraud the "marks".
One of these days I'd like to read an analysis of what the judicial system, the regulatory sector and an un-corrupted law enforcement task force would need to establish jurisdiction and control over the wild west mess of the US financial landscape.
I realize that in real life financial malfeasance is universal so there is always a rogue jurisdiction ready to pounce on any opportunity to fleece the unwary.
Nevertheless it must be a human right not to be preyed upon by thieves claiming to be bankers or employers or advisors. It is almost impossible to earn a living wage if one is under-educated or dependent on only one pair of hands for survival. But those who salt the earth with their sweat, deserve some help with their survival because without them - despite what the oligarchs say, humanity will go extinct. When an organism is enslaved in a kleptocratic environment it may be impossible to adapt, evolve , escape or survive without help.
I cringe to admit that certain buzzwords appearing in your brief reports fly over my head - nevertheless I persevere, and every time i read your round-up of financial news my suspicions are confirmed, the US financial sector is a veritable stew of con artists, and that the hapless regulatory sector runs bleating after the thieves, malefactors and corrupted legislators while law enforcement largely lacks the smarts and the tools to bring the criminals to justice. While they are putting out the fires of currents scams the shysters are busy dreaming up new schemes to defraud the "marks".
One of these days I'd like to read an analysis of what the judicial system, the regulatory sector and an un-corrupted law enforcement task force would need to establish jurisdiction and control over the wild west mess of the US financial landscape.
I realize that in real life financial malfeasance is universal so there is always a rogue jurisdiction ready to pounce on any opportunity to fleece the unwary.
Nevertheless it must be a human right not to be preyed upon by thieves claiming to be bankers or employers or advisors. It is almost impossible to earn a living wage if one is under-educated or dependent on only one pair of hands for survival. But those who salt the earth with their sweat, deserve some help with their survival because without them - despite what the oligarchs say, humanity will go extinct. When an organism is enslaved in a kleptocratic environment it may be impossible to adapt, evolve , escape or survive without help.
Bottom line is that RealPage and similar algorithm-based price-fixing products must be banned.