Month February 2010

Financial crime news

(Meant to post this earlier. It’s a little old) Madoff sons assets frozen. What took so long? 7 charged in Galleon insider trading case agree to assist investigators. Rajaratnam must be getting a teensy bit nervous by now Settlements reached…

Obvious portents of the end times

Dealbreaker If it feels like the world is ending today it’s not because of a light dusting but rather that one DC resident is saying he has no problem whatsoever with Dimon and Blankfein’s bonuses, there was an earthquake in…

Krugman on Obama: Clueless

I’m with Simon Johnson here: how is it possible, at this late date, for Obama to be this clueless? Obama doesn’t even make a pretense of thinking the general public might be angry at these bloated bonuses for bailed-out banksters.…