Somebody remarked about the earlier post that it was an older story… and we relied, “Yes, we’re aware… but isn’t it nice to re-post and irritate the banks?!” Doesn’t it make this next post even more exciting?
WASHINGTON — Bank regulators and executives typically hope to escape a Senate Banking Committee hearing without becoming the subject of a viral video showing them humiliated at the hands of Sen. Elizabeth Warren (D-Mass.).
On Thursday, however, one witness was pleased enough with Warren’s line of questioning that he actually applauded the Massachusetts Democrat toward the end of her remarks — a highly unusual departure from custom. Continue reading

We need to tell them that we support New York’s Attorney General Schneiderman! The one true Super Hero, Eric T. Schneiderman, AG of the great state of New York understands the vast amount of fraud that is associated with securitization.


Bloomberg is reporting that President Obama has eliminated Elizabeth Warren as a candidate to head the Consumer Financial Protection Bureau. The story has not been confirmed by the White House. The sources are “persons” and the information at this writing has not been verified. Due to the gravity of the confirmation decision, and our readers’ interest in the story, we have decided to publish the article while we wait for further confirmation. — CW/RSN
resident Barack Obama has chosen a candidate other than Elizabeth Warren as director of the new Consumer Financial Protection Bureau, according to a person briefed on the matter.