From Pine View Farm

Masters of the Universe category archive

Responsible Fiduciaries 0

Apology, schmapology. What’s gone is gone.

Where are the criminal charg oh, never mind. They have impunity.

In yet another apology for the San Francisco-based bank, Wells said a calculation error involving a mortgage underwriting tool resulted in 625 customers being incorrectly denied or not offered modifications to make their loans more affordable. In about 400 of those cases, the homes were ultimately foreclosed on.

Follow the link for more responsible fiduciaries.

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Punishing the Victim 0

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The Pusher Men 0

This should be interesting:

Bland, Carroll, Grayson and Smyth counties (Virginia–ed.) have filed federal lawsuits accusing 15 prescription opioid manufacturers and three distributors of aggressively persuading doctors to prescribe opioids and turning patients into drug addicts for their own profit.

The lawsuits also say that the companies falsely told doctors that patients would “only rarely succumb to drug addiction.”

(snip)

The lawsuits accuse the manufacturers of:

  • Falsely, deceptively and unfairly marketing opioids.
  • Misrepresenting the risks and benefits of opioids.
  • Grossly understating and misstating the dangerous addiction risks.
  • Grossly overstating the benefits.
  • Targeting susceptible prescribers and vulnerable patient populations.
  • Making deceptive statements and concealing material facts.
  • Fraudulently concealing their misconduct.
  • And breaching their duties under federal and state law to prevent diversion and monitor, report and prevent suspicious orders.

More at the link.

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No Raise for the Weary 0

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Mangled in the Equifax Machine 0

This is an unbelievable cavalcade of stupid.

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Fiefdom of the Press 0

Image:  Persons staring at spiraling image on TV.  Caption:  There are 1500 newspapers, 1100 magazines, 9000 radio stations, 1400 TV stations, 2400 publishers owned by only 6 corporations.

Via Job’s Anger.

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Facebook Frolics, Biometric Boog-a-Loo Dept. 0

Mike Papantonio talks with Brigida Santos about why a judge is ordering Facebook to face trial over its collection of data from personal images.

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The Consumer Predation Bureau 0

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Life of the Trickled-On, Bank Robbery Dept. 0

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Merger and Monopoly 0

One of the most pernicious acts of Ronald Reagan was to suspend enforcement of anti-trust laws, leading the corporate consolidation we see around us, delivering the polity into the hands of our own homegrown oligarchs.

Thom and his guest discuss how monopolies work.

Afterthought:

It’s ironic that Republicans simultaneously extol vociferously the virtues of competition while actively supporting–and are supported by–those who would eliminate it.

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Pulling a Bank Job 0

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Goldman’s Sacks 0

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The Limited Access Information Highway 0

Thom discusses the Trump’s FCC’s attempt to end net neutrality.

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Chasing the Bait and Switch 0

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Out of Pocket 0

Warning: Language

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Adventures in Paradise Papers 0

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Trouble in Paradise 0

The Guardian provides in-depth reporting on the Paradise Papers.

There are multiple articles about them, the reaction to them, and their implications at the link.

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The Pusher Men 0

Via C&L.

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Dialectic 0

Monopoly Man as capitalist.  Frame One:  I'll pay my workers as little as possible to maximize profit.  Frame Two:  Why can't persons afford to buy my commodities?

Via Job’s Anger.

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Exercising Options 0

Trump and staff in situation room.  General says,


Click for the original image.

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