By Chris in Paris on 5/20/2012 11:55:00 AM
Wow, screwing up at JPMorgan looks pretty good compared to working a normal job. The "trader at heart" who was supposed to be managing risk for JPMorgan (Ina Drew) received a very comfortable exit package. Yes, she was making millions each year and had been there for decades for let's not forget that ( Read more... )

By Gaius Publius on 3/12/2012 09:15:00 AM
Because, you know, that's how all prosecutions work in the U.S. - no smoking gun and the murderer / drug dealer / black driver in the "differently-hued" neighborhood skates. Because we, a forgiving people, have such high standards for who goes to jail in America.

Sorry, I forget myself. I was thinking of ( Read more... )

From McClatchy Newspapers
Regulations, taxes aren't killing small business, owners sayWASHINGTON - Politicians and business groups often blame excessive regulation and fear of higher taxes for tepid hiring in the economy. However, little evidence of that emerged when McClatchy canvassed a random sample of small business owners across the nation ( Read more... )

( Read more... )

Click to view

More vids here: http://www.youtube.com/watch?v=pqcy5aFibfQ

Original source: http://www.realecontv.com/videos/banking-malfeasance/inside-the-fraud-factory.html

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... )

by Gaius Publius on 8/12/2010 11:05:00 AM

I've been waiting for an electronic version of Matt Taibbi's latest in-depth analysis - this time, of the Obama administration's Financial Reform bill. Well, here you go; it's a doozy. Matt digs out all the admin-Congressional maneuvering, unpackaging the deals and naming the ugly names - ( Read more... )

From Center for Economic and Policy ResearchBy Dean Baker ( Read more... )

Joseph Stiglitz: Banks 'Gutted' Almost Every Meaningful Provision In The Financial Reform Bill
Australian Broadcasting Corporation ( Read more... )

By Simon Johnson

It’s one thing to block Elizabeth Warren from heading the new Consumer Financial Protection Bureau.

It’s quite another thing to deny in public, for the record, that any such blocking is going on (e.g., see this report; Michael Barr apparently said something quite similar today).

There is a strong groundswell of opinion on ( Read more... )