Relevant and even prescient commentary on news, politics and the economy.

ANTHONY LEWIS, ADULTERATED MILK AND A TAINTED ECONOMY

By Jeff McCord ANTHONY LEWIS, ADULTERATED MILK AND A TAINTED ECONOMYMarch 28, 2013 In the early days of his brilliant career as legal journalist and commentator, Anthony Lewis, who passed at age 85 on March 25, referred to a vision of the Supreme Court that served as his touchstone: “[W]hen the channels of opinion and […]

… to Hold “Untouchable” Fraudsters Accountable

By Jeff McCord, The Investor Advocate Take Lincoln’s Approach to Hold “Untouchable” Fraudsters Accountable Within recent months, two media events captured the attention of many Americans: the premier of the Spielberg movie “Lincoln” showcasing the 19th century federal government’s ability to end our nation’s crime against humanity; and, the airing of the PBS Frontline series […]

USA: History’s Largest Free Port for Financial Freebooters?

By Jeff McCord of The Investor Advocate USA: History’s Largest Free Port for Financial Freebooters? The term “freebooter,” derived from the Dutch vrijbuiter, means one who openly steals property. Once freebooters sailed the coasts of the Carolinas, Florida and Caribbean isles from free ports such as Port Royal, Jamaica, taking what they wished with little […]

Guest post: “Mother” of All Bank Frauds Shocks and Awes Regulators

“Mother” of All Bank Frauds Shocks and Awes Regulators,As LIBOR Victims Seek Justice By Jeff McCord of The Investor Advocatewww.the-investor-advocate.comAugust 21, 2012 Many wonder why Federal regulatory precincts are so quiet several weeks following discovery that the London Interbank Offered Rate (LIBOR), a key interest rate determining charges to and earnings by American borrowers, lenders, […]

Guest post: “The Pay Off: Why Wall Street Always Wins”

By Jeff McCord  is a former US Senate staffer, Securities Investor Protection Corp (SIPC) executive and has been a free-lance journalist for Dow Jones publications. His academic background in economics includes post-graduate work at the London School of Economics and George Washington University. He can be read at Investors Advocate.    EX-BIDEN AIDE’S MEA CULPA REVEALS […]

“Fear and Loathing” of Wall Street, 2012

by Jeff McCord of The Investor Advocate “Fear and Loathing” of Wall Street, 2012 To-date, the presidential primaries have studiously avoided reference to the unfolding catastrophe brought to the American public just four years ago by the financial services industry. The political issues contested thus far bring to mind Hunter Thompson’s reporting of the 1972 […]

Guest Post: Anti-Investor Supreme Court Decision and the SEC

By Jeff McCord of The Investor Advocate Impending SEC Recommendation on Anti-Investor Supreme Court Decision a Bellwether on Regulator’s View of “Public Interest” In one of its filings prior to U.S. Judge Jed Rakoff’s celebrated November 28th refusal to rubber stamp an SEC-Citicorp deal allowing the bank – a “recidivist offender” — to escape significant […]

Guest Post: SHAREOWNERS OF THE WORLD UNITE!

By Jeffrey R. McCord of The Investor Advocate SHAREOWNERS OF THE WORLD UNITE! “Occupy” Annual Meetings and Court Rooms The spectacular fall and bankruptcy of Jon Corzine’s MF Global Holdings within clear sight of mostly inactive regulators reminds us that “the system is still far too vulnerable and the work of regulatory reform far from […]

Guest post: Frequently Maligned Class Action Lawsuits Actually Deter Financial Wrongdoing

By Jeff McCord is a former US Senate staffer, Securities Investor Protection Corp (SIPC) executive and has been a free-lance journalist for Dow Jones publications. His academic background in economics includes post-graduate work at the London School of Economics and George Washington University. FREQUENTLY MALIGNED CLASS ACTION LAWSUITS ACTUALLY DETER FINANCIAL WRONGDOING, STUDY FINDS  Though […]