Category Banksters

The fix is in

Bernanke: Regulators must avoid rules that are ‘burdensome’ to banks. Such policies of course include letting the TBTF banks mark-to-fantasy rather than following GAAP and mark-to-market like everyone else, plus not filing criminal charges against them because the Fed guarantees…

The global economy’s corporate crime wave

Corporate corruption is out of control for two main reasons. First, big companies are now multinational, while governments remain national. Big companies are so financially powerful that governments are afraid to take them on. Second, companies are the major funders…