This video from the USA says about itself:

19 April 2016

Where does the progressive movement go after Bernie Sanders‘ loss in the New York Democratic primary election. Cenk Uygur, Jimmy Dore, Michael Shure and John Iadarola of The Young Turks discuss how progressives should move forward. Do you agree with TYT’s opinion? Tell us what you think in the comment section below.

Former Secretary of State Hillary Clinton and billionaire Donald Trump won the Democratic and Republican primaries in New York State Tuesday, cementing their positions as the frontrunners for the presidential nominations of the two big business parties: here.

This video from the USA says about itself:

Millions of New Yorkers Disenfranchised from Primaries Thanks to State’s Restrictive Voting Laws

19 April 2016

Voters head to the polls today in New York for both the Democratic and Republican primary in one of the…

Rolling Stone’s Wall Street hatchet-man on the hidden truth of #FannieGate

Housingwire:

If Rolling Stone’s Matt Taibbi is to be believed, yes, there absolutely was a government conspiracy behind the bailout and subsequent takeover of Fannie Mae and Freddie Mac.

And now, the government is fighting tooth and nail to keep the evidence of that conspiracy a secret, all while plotting something far more insidious — the privatization of the government-sponsored enterprises.

Has the shock subsided?

In a long piece posted Monday, Taibbi, who’s made a career of taking on Wall Street, aims his sights on Fannie and Freddie bailout, the mountain of federal government documents pertaining to it, and efforts by the “most transparent administration in history” to keep those documents from seeing the light of day.

Some of those documents surfaced recently as part of lawsuits filed by a series of Fannie and Freddie shareholders, who 

Truthout:

Federal regulators announced Wednesday morning that Dodd-Frank-mandated resolution plans of five “too big to fail” banks were “not credible,” setting in motion a process that could see them broken up in thirty months.

The Federal Deposit Insurance Corporation (FDIC) and Federal Reserve on Wednesday announced that plans outlined by the quintet — Bank of America, JP Morgan Chase, Wells Fargo, New York Mellon, and State Street — were inadequate.

Because of the joint ruling, the firms are under pressure to revise their so-called “living wills.” The FDIC and Fed may subject the five banks to more strict regulations and reserve requirements on Oct. 1, if they fail to submit a satisfactory scheme by then. And if they haven’t submitted proper living wills by October 2018, the two agencies “may jointly require the firm to divest certain assets or operations to facilitate an orderly resolution of the firm in bankruptcy,”…

New York Daily News editorial board interviewed Clinton, Kasich, and Sanders. Interesting questions but different responses in regarding to Wall Street reform and why there are no prosecutions from DOJ to bank execs. Kasich, who was interviewed on 4/7/16 was not asked any questions on Wall Street. Here is the link to Kasich’s interview:

TRANSCRIPT: JOHN KASICH MEETS WITH NEWS EDITORIAL BOARD 

Here is snippet from Sanders’ interview on April 1:

Daily News: Okay. Staying with Wall Street, you’ve pointed out, that “not one major Wall Street executive has been prosecuted for causing the near collapse of our entire economy.” Why was that? Why did that happen? Why was there no prosecution?

Sanders: I would suspect that the answer that some would give you is that while what they did was horrific, and greedy and had a huge impact on our economy, that some suggest that…that those activities were…

An email message from Virginia from Deadly Clear website:

Blast this out to everyone you know – it might be the last time to obtain their New Century file. There is valuable information in these files –and since they are files that deal with the homeowner and where their collateral may be located – even if you are not in foreclosure it maybe imperative that you know in the future what happened to your file.  I did a post the last time – See: http://wp.me/p1H9BR-TN and it has all of the pertinent information. I’ll try to get another one up but in the meantime please share this with your email lists so that we can get the alert out!  Thanks to Anita Carr for keeping us briefed.

And here is the recently filed in the bankruptcy proceedings of New Century TRS Holdings, Inc, Jointly Administered under Case No. 07-10416 (District of…

The financial industry looms large in the coming primary – and some bankers say they’ll push for the Vermont senator even if his policies could hurt their careers.

A few months ago, Democratic party leaders attended a meeting in New Yorkwith some of the titans of Wall Street, among them heads of brand-name hedge funds and top private equity firms. The gathering was billed not as the usual high-dollar fundraiser but as a bridge-building exercise in which powerful financiers could vent their opinions privately to Democratic bosses.

Two US senators who formed part of the Democratic delegation kicked off the meeting by inviting the financiers to air their concerns about party policy. One of the big name Wall Street figures stood up, proclaimed grandly that he was speaking on behalf of every financial person in the room, and then slammed into the Democratic lawmakers for having had the audacity…

The suit challenges the NYPD’s use of controversial nuisance abatement actions. It cites ProPublica and The Daily News’ investigation into the issue.

The New York Police Department got an order kicking a family of four out of their Queens apartment by telling a judge it was a drug den — but the dealers had moved out seven months earlier.

A lawsuit to be filed in Brooklyn Federal Court on Tuesday details an egregious case of the NYPD’s use of the nuisance abatement law — a controversial tool in which cops are able to get a temporary order barring people from their homes without first giving them the opportunity to appear before a judge.

The bungled operation left Austria Bueno, 32, a housekeeper, crashing at a hotel and on a relative’s floor, beside her two sons…

Zerohedge:

Why should we care?

Because Wells Fargo received a $25 billion dollar bailout and Goldman received $10 billion in one bailout and $13 billion in another.

Moreover, fraud was one of the main causes of the Great Depression and the Great Recession … which cost tens of trillions of dollars in losses. But nothing has been done to rein in fraud today. And governments have virtually made it official policy not to prosecute fraud criminally. (Background.)

Fraud is an economy-killer, and trying to prevent deflation while allowing a breakdown in the rule of law is like pumping blood into a patient without suturing his gaping wounds.

Looks like Sanders got underneath Dimon’s skin…

Jamie Dimon waved a placard at Bernie Sanders in his annual shareholders letter on Wednesday.

It says, in effect: “Don’t Bite the Hand That Feeds Us.

With the Democratic presidential primary battle coming to New York on April 19, including firebrand Sanders who frequently bashes Wall Street, the JPMorgan Chase chief executive sang a different tune in the letter.

Dimon argued that big banks such as JP Morgan, with structures that span corporate and investment banking, perform “mission-critical services . . . that regional and community banks simply cannot do.”

Read on.

And here is Dimon’s annual shareholder letter. Click here. Check out the section under “The Banking Industry is Critical.”