U.S. states Nevada, Wyoming and Delaware are facing growing pressure to address their lack of corporate transparency, as the United States and the international community continue to respond to fallout from the Panama Papers.

At a London anti-corruption summit on Thursday, representatives from the Cayman Islands, Bermuda and the Isle of Man warned that the “hypocrisy” of the U.S. was hurting the global push for greater financial transparency.

The summit, hosted by British Prime Minister David Cameron and attended by leaders and high-ranking officials from around the world, has drawn increased public attention after the Panama Papers investigation by ICIJ, German newspaper Süddeutsche Zeitung and more than 100 media partners revealed new details about how the world’s rich and powerful use and sometimes abuse secrecy jurisdictions and tax havens.

U.S. Secretary of State John Kerry compared the threat posed by corruption to the threat posed by terrorism, and urged attendees…

FYI: The book will be released on May 24, 2016 on Amazon. And according to Amazon, the book is:

#1 Best Sellerin Political Science

Get the popcorn ready!

A shockingly frank new book from an anonymous Democratic congressman turns yet another set of conspiracy theories into consirpacy facts as he spills the beans on the ugly reality behind the scenes in Washington. While little will surprise any regular readers, the selected quotes offered by “The Confessions Of Congressman X” book cover sheet read like they were ripped from the script of House of Cards… and yet are oh so believable…
A devastating inside look at the dark side of Congress as revealed by one of its own! No wonder Congressman X wants to remain anonymous for fear of retribution. His admissions are deeply disturbing…

“Most of my colleagues are dishonest career politicians who revel in the power and…

SAN FRANCISCO — The cost to obtain a home loan may go up due to a recent California Supreme Court decision that paves the way for homeowners in default to challenge the validity of their foreclosure, according to a financial industry attorney specializing in lending disputes and real estate.

The California Supreme Court ruled earlier this year in Yvanova v. New Century Mortgage Corporation that “a home loan borrower has standing to claim a non-judicial foreclosure was wrongful” if the foreclosing party does not have the authority to order a trustee‘s sale.

In 2006, New Century granted Tsvetana Yvanova a $483,000 mortgage. The lender went bankrupt the following year. New Century is said to have pooled, securitized and transferred Yvanova’s mortgage to trustee Western Progressive in 2011. Yvanova subsequently defaulted on her loan, and Western Progressive auctioned her home in 2012.

Yvanova’s lawsuit argues the foreclosure was illegal and void…

In re LJBV Ltd., 544 B.R. 401 (Bankr. N.D. Ill 2016) –

The debtor filed a Chapter 11 case immediately after a receiver was appointed in a state foreclosure proceeding. The mortgagee filed a motion to dismiss the bankruptcy case for cause.

Yesterday, I stated that I didn’t find JP Morgan Chase and Bank of America in the ICIJ Panama Papers database. I only search only in the US and never expanded into other countries. Well, those two banks are found in the database. In fact, Wells Fargo, Citigroup, Morgan Stanley and Goldman Sachs are among the American banks in the database. In addition, the database also named foreign banks with a strong presence in the U.S., including HSBC, Barclays, Deutsche Bank, BNP Paribas, Société Générale, ABN Amro, Credit Suisse and UBS. Here are the list:

Slate:

Hillary Clinton is consolidating her support among Wall Street donors and other businesses ahead of a general-election battle with Donald Trump, winning more campaign contributions from financial-services executives in the most recent fundraising period than all other candidates combined.

The Democratic front-runner has raised $4.2 million in total from Wall Street, $344,000 of which was contributed in March alone. According to a Wall Street Journal analysis of fundraising data provided by the nonpartisan Center for Responsive Politics, the former secretary of state received 53% of the donations from Wall Street in March, up from 32% last year and 33% in January through February, as the nominating contests began.

The analysis of campaign-finance reports shows that some Wall Street donors have shifted their financial support from Republican candidates who dropped out of the race, such as former Florida Gov. Jeb Bush and Florida Sen. Marco Rubio, to Clinton in recent months.