Politicians buoyed by Wells Fargo are part of the problem

Sharon Poczter, an economics professor at Cornell University who studies the bank sector and emerging economies, says culpability for the Wells Fargo fraud case should fall on politicians and regulators as well. Bio: https://dyson.cornell.edu/people/sharon-poczter Poczter says: “What is at the center of the Wells Fargo fraud case is much larger than a couple of thousand […]

Long-term risks in Japan Post’s multibillion-dollar IPO

Hirokazu Miyazaki is director of Cornell’s Mario Einaudi Center for International Studies and professor in Cornell’s department of anthropology. He researches traders and financial market actors in Japan. He says the initial public offering – or IPO – of Japan Post marks a new phase in the controversial privatization of Japan’s postal services, that was first initiated […]

Political talk on Export-Import Bank needs a reality check

House members from both the Republican and Democrat party are sponsoring a bill to re-open the Export-Import Bank, a federal lending institution that subsidizes American exports. While the trade bank’s mandate is to help American businesses face a global economy, critics say its practices mainly boost multi-national corporations.  Steven C. Kyle, an expert in macroeconomics […]