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How banks exploit you, Brexit's British meltdown, Facebook's manipulation

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dailymaverick.co.za

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firstthing@dailymaverick.co.za

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Thu, Nov 15, 2018 01:46 PM

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A new report by Open Secrets has shown how Nedbank and the Bank of Baroda's business with the Guptas

[Click here for the web version of this email]( [Daily Maverick] Thursday, 15 November 2018 While You Were Working [How banks and auditors fleece the poor]( A new report by Open Secrets has shown how Nedbank and the Bank of Baroda's business with the Guptas, and indeed the looting of VBS Bank, were just the tip of the financial iceberg. The [57-page report]( explains how high-net worth individuals and organisations don't follow nearly the same bureaucratic minefield that the poor do. Essentially, the report explains why the rich never sit in that steaming, furious bank queue next to you. [Ministerial exodus jeopardises Brexit]( Two senior ministers have resigned in the wake of Prime Minister Theresa May's Brexit deal. Most importantly Brexit Secretary Dominic Raab departed this morning, sending British stocks into a tailspin. May, now in the House of Commons, is facing a major grilling, with cheers erupting every time a possible second Brexit referendum is mentioned. [Nene and Mentor's day before Zondo delayed]( Former finance minister Nhlanhla Nene and former ANC MP Vytjie Mentor will have their time at the Zondo Commission pushed back. For Nene, a broken ankle prevents him from travelling to the commission, while Mentor has requested more time to process results from previous investigations into her prior testimony. Mentor will appear first at the end of the month, assuming Nene's ankle has not quite knitted. [NYT report exposes Facebook's manipulation]( A report by the New York Times has revealed how Facebook deliberately misled users and the general public as to the extent to which it was aware of Russian hacking during the 2016 presidential election. Moreover, the report showed how Facebook had conducted a malicious smear campaign against critics, portraying them as anti-semitic or linked to George Soros. Someone should tell Zuckerberg that Black Mirror was fiction, not an instruction manual. — [Support DAILY MAVERICK & get FREE UBER vouchers]( Not all memberships count points. Some memberships actually count FOR something and have tangible benefits. Maverick Insiders who contribute R150 or more per month, get R100 worth of free UBER vouchers every month. Yes, every month until October 2019. [Click here to sign-up.]( (Added bonus: you’re also now an even better, more mobile, person.) Featured Articles [Wider net to be cast for access to public schools]( [Wider net to be cast for access to public schools]( BY Nkateko Mabasa [Vredenburg closed off as protesters demand better living conditions]( [Vredenburg closed off as protesters demand better living conditions]( BY GroundUp [Looting secrets and shady tactics of banks and auditors revealed in hard-hitting report]( [Looting secrets and shady tactics of banks and auditors revealed in hard-hitting report]( BY Steve Kretzmann Opinionistas [‘Bigger mandate’ for Cyril Ramaphosa in 2019 will be a bigger mistake]( BY Mmusi Maimane [The ANC’s centre of collective leadership remains a truism more than a century later — despite Barbara Hogan’s averments]( BY Obed Bapela [FORWARD THIS EMAIL TO A FRIEND]( Copyright © 2018 Daily Maverick, All rights reserved. You are receiving this mail because you are awesome and on the Daily Maverick Afternoon Thing subscriber list. Want to advertise in this mail? [Talk to us.](mailto:advertise@dailymaverick.co.za?subject=Advertising%20query%3A%20Afternoon%20Thing) [Getting too many emails from us? Manage your preferences]( | [Unsubscribe](

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