Independent thinking for complex markets and current events
Chilling moment construction worker narrowly escapes getting crushed by falling crane https://t.co/GLjXnsXGLr pic.twitter.com/CrGc416Gay — New York Post (@nypost) April 30, 2025 A construction worker cheated death after a crane toppled over, narrowly missing him, in a terrifying scene in China. Heart-stopping security footage shows the moment the crane, which was working on the 23rd floor …
Yet the payments due last week were for bonds issued under a Chinese scheme where state-owned financial institutions guaranteed debt issued by a handful of major private developers, including Country Garden. About 33.7 billion yuan ($4.6 billion) of bonds have been issued under the scheme, according to Bloomberg. If the beleaguered developer failed to pay …
A former Wells Fargo broker accused of stealing funds from clients avoids consequences despite refusing to cooperate with the investigation. This incident sheds light on Wells Fargo’s troubled history, including instances of defrauding customers and facing legal action. How much money did Wells Fargo steal from customers? The CFPB said the more than $2 billion …
https://twitter.com/FightMate/status/1764496488225513876
This story is wild Colorado ranchers tampered with NOAA weather instruments to reduce reported rainfall in order to collect more federal drought relief money. But, then their co-conspirator escaped from prison … https://t.co/83hwmWDP0D — Ryan Maue (@RyanMaue) March 10, 2024 Two southeastern Colorado ranch owners were recently sentenced to pay $6.6 million to resolve federal …