Lockdowns don’t hit all businesses equally. That’s a point that Andrew McRae, the Federation of Small Businesses policy chair, made following the latest announcement of tougher restrictions. He said that small businesses like retailers had to shut their doors for the next three weeks, “when many big businesses face few operating restrictions”. If you can […]
banks
Another year, another banking scandal. They’re like clock-work these days. This time, it’s the FinCEN files: a leak of 2,657 documents from the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury that deals with money laundering. The files total $2 trillion worth of transactions, and contain 2,121 ‘SARs’, Suspicious Activity Reports which […]
The FinCEN files: What you need to know
“Profiteering is making the market more fragile, and exposing the profound weaknesses that have been bred into the economy by recent trends.”