Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be … [Read more...]
Stunning Crimes of the Big Banks: Worse than Your Wildest Imagination
Bank For International Settlements Report: Big Banks Take Risks Expecting Taxpayers To Cover Losses
Bank For International Settlements Report: Big Banks Take Risks Expecting Taxpayers To Cover Losses … [Read more...]
Q1 GDP revised downward to 1.9%
Corporate profits have worst quarter in three years. The Commerce Department released its second … [Read more...]
Is this Twilight for the Bain attacks?
Sunlight. I often refer to Team O and Team Romney when discussing the campaigns, as it makes for an … [Read more...]
Obamateurism of the Day
Profit non-prophet. How does the private sector create jobs? Any first-year econ student could … [Read more...]
Obama on oil speculators: “That’s not the way the market should work.” Er, actually…
Don't shoot the speculator. In all of his class-warmongering glory, President Obama is fond of … [Read more...]
The list: Obama’s campaign attacking private citizens again; Update: Backfire?
Above the fray. Kimberley Strassel explains it all to you. Actual quote from The One’s attack … [Read more...]
Obama Campaign Flags ‘Less-Than-Reputable’ Lender Processing Services’ Lobbyist T. Martin Fiorentino
Obama Campaign Flags ‘Less-Than-Reputable’ Romney Donors President Obama’s re-election … [Read more...]
A Must Read Fraudclosure Story | MSNBC – Inside the Wells Fargo Foreclosure Factory: Pushing the Files
“Last year, Wells Fargo earned $3.3 billion in profits from its mortgage servicing business, … [Read more...]
SIGTARP Report | The Special Master’s Determinations for Executive Compensation of Companies Receiving Exceptional Assistance Under TARP
Summary When Congress created the Troubled Asset Relief Program (“TARP”) in 2008, it included … [Read more...]
STATE OF ILLINOIS v STANDARD & POOR’S | MADIGAN SUES STANDARD & POOR’S FOR ENABLING FINANCIAL MELTDOWN
MADIGAN SUES STANDARD & POOR’S FOR ENABLING FINANCIAL MELTDOWN Lawsuit: ‘Profits Were … [Read more...]
Democratic Party economics: The “Reasonable Profits Board”
Political windfall? In a perfect world, we’d be talking about this Democratic proposal in … [Read more...]
Predator Mutants | Fed Banker on Breaking Up Bailed Out Banks
Wall Street’s Virulant Strain of Capitalism (privitized profits calculated on accounting fraud … [Read more...]
Jay-Z to sell OWS t-shirts — and keep profits for himself
Gravy train. The Occupy Wall Street movement has found a new supporter, and apparently a pretty high … [Read more...]
WaPo: Golly, Wall Street is doing well under Obama
Occupy the White House? I’m not exactly sure what to make of this report from the Washington … [Read more...]
Bulldoze ‘Em | Banks turn to demolition of foreclosed properties to ease housing-market pressures
It’s real, it’s happening and it’s coming to a city near you… Some … [Read more...]
SEC Proposes Ban on Magnetar-Like Deals
SEC Proposes Ban on Magnetar-Like Deals by Lois Beckett ProPublica The Securities and Exchange … [Read more...]
Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans
Wall Street Aristocracy Got $1.2 Trillion in Secret Fed Loans Citigroup Inc. (C) and Bank of America … [Read more...]
Tomorrow, February 3rd, is Call Your Attorney General Day to Get Tough on Foreclosure Fraud!
Remember the 50 state Attorneys General that announced last December that they would all be … [Read more...]
Legal Woes Mount For Foreclosure Kingpin
The reports and investigations will continue to roll in…but will there be any relief for the … [Read more...]
Wall Street Profits Obscenely While Middle America Suffers
This should make you insane…or angry…or motivated to go out and do … [Read more...]
FORECLOSURE FRAUD FIGHT CLUB- SATURDAY, NOVEMBER 20, 2010
HOMEOWNERS IN FORECLOSURE, ACTIVISTS COMMITTED TO TAKING BACK YOUR COUNTRY, FRIENDS OF THE … [Read more...]
Ratings Arbitrage a/k/a Fraud
Investment banks bundled mortgage loans into securities and then often rebundled those securities … [Read more...]
TILA Statute of Limitations — No Limit
Editor’s Note: Judges are quick to jump on the TILA Statute of Limitations by imposing the one … [Read more...]
Goldman analysis: Thumbs Up for Health Insurance Companies
Maybe the fact that it came from Goldman will motivate some people to take a second look at where we … [Read more...]
AIG Reports Profits Increase — More Smoke and Mirrors
A … [Read more...]