"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Doug Henwood on Bernanke Why is this guy getting reappointed? He let the bubble inflate, dismissed worries about the dangers of subprime mortgages and derivatives, said in mid-2008 that the recession was unlikely to get too serious (just as it…
Excerpts from some eminently sensible solutions by financial insider Epicurean Dealmaker. Read them all. 1) Ban political campaign contributions by the financial industry. We currently have the best politicians money can buy. I suspect it might be conducive toward better…
Dubai is well-known for being a world hub of money-laundering while construction is notorious among fraud investigators as a way to make dirty money clean, make gray money vanish, and siphon off money for use elsewhere. Any attempt to draw…
Inequitable. Unconscionable. Vexatious. Opprobrious. These are just a few of the choice words a New York state judge used to describe the behavior of Indymac in a decision in which he wiped out the $292,500 sub-prime mortgage owed by a…
In a report (pdf) titled “Factors Affecting Efforts to Limit Payments to AIG Counterparties”, Neil Barofsky, special inspector for TARP, wrote that the “negotiating strategy to pursue concessions from [AIG] counterparties offered little opportunity for success, even in the light…