Potential Criminal Leaks at the Federal Reserve
The Federal Communications Commission says it will slap AT&T with a $100 million fine for failing to adequately notify its customers that they could encounter speeds much slower than advertised. And interestingly, this comes not long after another agency – the Federal Trade Commission – slapped the company with a lawsuit for the same reason. Boom Bust’s Ameera David weighs in.
Then, Ameera sits down with Rob Barnett, energy policy analyst at Bloomberg Intelligence. Rob tells us what he attributes to the rise in gasoline inventories and how people who are bullish on the oil industry should internalize such data.
After the break, Bianca Facchinei takes a look at recent civil forfeiture cases in the US, specifically at the Cincinnati/Northern Kentucky International Airport. Since 2008, 81 percent of the $2.4 billion in US police spending came from cash and property seizures where no indictment was filed.
Afterwards, Erin Ade sits down with Lenore Hawkins, founding partner of Meritas Advisors and blogger at “Elle’s Economy.” Lenore gives us her take on relative value and tells us what the ECB will buy to affect its quantitative easing program.
And in The Big Deal, Ameera and Edward Harrison discuss a criminal investigation into the Federal Reserve dating back to 2011.
Take a look!
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