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SEC Financial Fraud Enforcement – Is it Effective?
Financial fraud is a type of white collar crime, which involves the unlawful use of property to one’s own benefit. The Securities and Exchange Commission, an independent agency of the United States government, is chartered with the job of preventing financial fraud – particularly with regard to securities (bonds, stocks) related markets, and investments which make use of securities markets.
Kondratieff Wave – Time For a Depression?The Kondratieff Wave is a theory that says economies go through predictable cycles and that economic depressions occur on a predictable basis. It just so happens we are due for one now. Will this financial turmoil in fact turn out badly just as the Kondratieff Wave predicts?