By Chris in Paris on 5/29/2012 10:15:00 PM

Classy bunch, as always. Between the bailouts that were more about bailing out banker lifestyles than saving the banks and now this, there's very reason to do any banking with these mega banks. Their service has never been known to be good for the 99% and now they think so little about their retail ( Read more... )

http://www.americablog.com/2011/11/study-americans-to-shift-185-billion.htmlRead more... )

via Boing Boing

Cory Doctorow at 8:12 AM Friday, Feb 11, 2011

Glenn Greenwald has responded to the revelation that a consortium of security firms pitched Bank of America on a proposal to attack him as part of an anti-Wikileaks dirty tricks campaign. Greenwald starts with the revelation that the amateurish, dumbass proposal was actually ( Read more... )

( Read more... )

( Much of what investment bankers do is socially worthless. )

From ZeroHedge

Submitted by Tyler Durden on 11/16/2010 15:57 -0500

CNBC's Diana Olick reports that the investigation into the biggest financial fraud in recent history is about to be shelved: the reason, state AGs are nearing a settlement with banks, which will slap a few wrists, will see banks put some lunch money in a settlement fund, will ( Read more... )

by Gaius Publius on 10/23/2010 11:14:00 PM



Rachel Maddow had a nice segment last week about taxes. In the first minute or so she talks about a middle class tax cut no one knows they have. Interesting.

Then she lays into the "high corporate tax rate" hypocrisy (starting about 1:40 in the clip). This theme is everywhere these days ( Read more... )

CNBC
NY Fed, 8 Firms Suing BofA Over Mortgage Securities
( Read more... )

From AlterNet
Posted by Zach Carter at 7:08 am
October 6, 2010

Just when you thought Wall Street couldn’t defraud the economy any further, it went ahead and did it. After pushing millions of borrowers into foreclosure with fraudulent loans, big banks are now being implicated in a massive new fraud scandal involving the foreclosure process itself. ( Read more... )

by Chris in Paris on 10/02/2010 02:15:00 PM



It's shocking what happens when banks are required to provide basic information to the courts instead of simply pulling demands out of thin air. Maybe most of the houses will be foreclosed though it's only fair for consumers that the banks are being forced to provide proof that they ( Read more... )