More proof, if any be needed, that the big banks are parasites
Zero Hedge: The many ways banks commit criminal fraud
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Category Banksters
What we need is rule of law. But we don’t have that now
Neither Obama nor Romney say anything about our increasingly corrupt judicial, regulatory, and financial systems. But without rule of law we’re just on a long slow slide into kleptocracy and disintegration. This election should be about discussing real problems and…
JPMorgan trading loss now between $6-9 billion
Estimates of the JPMorgan trading loss continue to climb. This is the very same JPMorgan who originally said losses were $1.5 billion or so and whose CEO Jamie Dimon used to preen arrogantly about how they had the best risk…
The Federal Reserve continues to abdicate its duty
Krugman Suddenly normally calm economists are talking about 1931, the year everything fell apart. It started with a banking crisis in a small European country (Austria). Austria tried to step in with a bank rescue — but the spiraling cost…
It’s so hard to tell bankers from organized crime now
Taibbi’s latest The Scam Wall Street Learned From the Mafia How America’s biggest banks took part in a nationwide bid-rigging conspiracy – until they were caught on tape Funny, but I’m not hearing anything about criminal indictments from Barack “I…