Posted by Larry Doyle Sense on Cents on October 22, 2012
Although I am still not inclined to buy, rather than merely borrowing it from the library, Greg Smith’s book Why I Left Goldman Sachs, I did find his interview on CBS’ 60 Minutes last evening to be interesting. What interested me? Continue reading
Breaking News on stopforeclosurefraud.com:
Huffington Post reports “JPMorgan Chase Libor Subpoenas Coming From Everybody In The World”
“Pretty much everybody in the world with subpoena power has hit JPMorgan Chase with requests for information in the Libor-rigging scandal.
The biggest U.S. bank revealed the extent of its involvement in the probe in a filing Thursday morning with the Securities and Exchange Commission, saying regulators in the U.S., U.K., Canada, Switzerland and more had asked it for information:
It will only continue to get worse. What will it take for our politicians and government to understand that the securities fraud committed by Wall Street and their associates have created joblessness, homelessness, foreclosure and eviction that has affected families across the country? How can we continue to ignore the enormous wrongs?
Judge Rakoff was right when he told the Securities and Exchange Commission that their deal with Citigroup Global Markets, Inc. was not transparent enough and stated,
“[T]he Supreme Court has repeatedly made clear, however, that a court cannot grant the extraordinary remedy of injunctive relief without considering the public interest.”
The public interest has been sorely damaged by the fraud committed by the Wall Street Continue reading
BIG BANKS OWN CALIFORNIA TOO
By Lee Fang, October 8, 2011
As the 99 Percent Movement takes shape across the country, citizens are demanding that Congress represent the public interest instead of the whims of bankers and big
corporations. For instance, after demanding and receiving massive bailouts, Wall Street banks successfully lobbied Congress to crush any serious effort to mitigate the foreclosure crisis. The spectacular bank lobbying coup in Washington prompted Sen. Dick Durbin (D-IL) to remark that the banks “frankly, own the place.” [read more on NationofChange.org].
And the answer to the $10 million question…. Whose fault is that, Dick? Tic toc, tic toc…. Continue reading
The poster of this news clip is correct – this is what we should be focusing on. “Dylan Ratigan knows what he’s talking about and the way he says it is too epic. So spread this video and let the people know this should be what OWS should be focusing on. That this has to be our one demand.” Thank you Dylan, for your passionate message.
Dylan Ratigan is clear about what is happening to our country – listen up citizens. It doesn’t matter if Continue reading
By DEADLY CLEAR
We are Americans first, not Republicans, Democrats, Unions, Government Workers, Corporate Employees, Retirees – WE ARE AMERICANS!
WE Americans were scammed “big time” by Wall Street greed and elite wannabes.
Whether you are NYPD, Iowa, Detroit, Baltimore, Chicago, Florida, California, NJ, Washington, Maine or Oregon police (just to name a few), a fireman, teacher, government or corporate employee, FBI, CIA, Judge, prosecutor or clerk – your pension and retirement funds (FERS) were put at risk and are likely gone. Wake up. Continue reading
By Abigail Caplovitz Field | September 10, 2011
Ever since the Federal Housing Finance Authority (FHFA, Fannie Mae & Freddie Mac’s overseer) filed its blockbuster securities fraud suits against 17 banks and 131 individual bankers, a lot of commentators have said, essentially: How dare FHFA sue banks for securities fraud? Fannie and Freddie were crooks too! (Er, Fannie and Freddie were too sophisticated to be fooled! Fannie and Freddie couldn’t have been defrauded by the banks!) Continue reading
Miles Mogulescu for HUFFINGTON POST
Entertainment attorney, writer, and political activist
New York State Attorney General Eric Schneiderman may go down in history as the most important public official in reforming the corrupt financial system that caused the great Financial Crisis of 2008 and holding the perps responsible — if he can hold out against pressure from Wall Street, the Federal Reserve, and the Obama administration to give Wall Street a “Get Out of Jail Free” card.
Eric Schneiderman has played a key role in the investigation of foreclosure fraud and robo-signing by 50 state attorneys general against JP Morgan Chase, Bank of America, Wells Fargo, Citigroup, and Ally Bank. Reportedly, most of of the attorneys general — Continue reading
There is only one question to ask any politician starting this year:
Will you support the regulation of derivatives?
That’s it. Everything else is ancillary and fades into the background.
Continue readingPosted By Reader Supported News / 02 August 11 AM
Keith Olbermann | Four Great Hypocrisies of the Deal
Keith Olbermann, Special Comment/Current TV
“Keith Olbermann’s Special Comment on the four great hypocrisies of the debt deal and the necessity of taking the governance of this nation back from politicians.”
Deadly Clear 