Fun with Golden Parachutes
• Ritholtz.com/blog/Alan Fishman helmed Washington Mutual for 17 days before it failed. He left with $19 million in severance pay and signing bonuses.
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Alan Fishman helmed Washington Mutual for 17 days before it failed. He left with $19 million in severance pay and signing bonuses.
As robber barons on Wall Street steal billions with impunity children all over America are being sent to detention centers for minor offenses lining the pockets of judges and the private companies that run these profitable kiddie prisons.
A fund of hedge funds run by two members of U.S. Vice President Joe Biden's family was marketed exclusively by firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.
FORT BLISS, Texas — As soldiers stream home from Iraq and Afghanistan, the biggest charity inside the U.S. military has been stockpiling tens of millions of dollars meant to help put returning fighters back on their feet, an Associated Press investig
The game of Life is a waste of time. The rules are all written to favor the opponents -- because they are written BY the opponents. Trouble is: it's the only game in town.
Read LetterIf this video doesn't generate STARK-RAVING MAD comments... RRRRR!!! I AM SOOOO PISSED!!!!!!!
Texas financier Allen Stanford, accused of a 9.2-billion-dollar fraud that prompted several governments to shut down his banks and seize assets, was on Thursday tracked down in the US state of Virginia, the FBI said. (no arrest)
Congress members skirt calls from Raw; Stanford Financial PAC gave $128,000 in 2008
U.S. Senator Roland Burris’s statements to Illinois lawmakers about whether he solicited political donations for former Governor Rod Blagojevich before getting named to the Senate are being reviewed by a prosecutor.
Depositors from as far away as Colombia have begun arriving in the island nation of Antigua, seeking to withdraw their money from an offshore bank under investigation by U.S. state and federal authorities.
In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125 billion in a US directed effort to reconstruct Iraq after Saddam.
The US Special Inspector General for Iraq Reconstruction, the Army’s criminal Investigation Command and the Justice Department are investigating US soldiers and officials in the alleged misuse of a portion of the $125 billion
Illinois Republicans called Sunday for a perjury investigation of Sen. Roland W. Burris (D), who declared that he did not try to mislead state lawmakers about his contacts with associates of former governor Rod Blagojevich.
If it was THAT important, why not vote MONDAY and give Congress time to READ it while you partied at Table Fifty-Two!?! (PATRIOT Act Deja Vu!)
Raising fresh questions about his appointment to Congress, Sen. Roland Burris admitted that former Gov. Rod Blagojevich's brother asked him for campaign fundraising help before the governor named Burris as Illinois' junior senator.
Is this all a payoff for the National Socialization of America that the Republicans got a head start on for the Obama Administration?... (rhetorical)
Marvin Hoffman is listed in campaign finance records as one of the many lobbyists with the powerful PMA Group donating money to lawmakers. But Hoffman is actually a soon-to-retire information technology manager who has never heard of the Arlington lo
Democratic Senator Predicts None of His Colleagues 'Will Have the Chance' to Read Final Stimulus Bill Before Vote
Two judges pleaded guilty on Thursday to accepting more than $2.6 million from a private youth detention center in Pennsylvania in return for giving hundreds of youths and teenagers long sentences.
Ask yourself why the Democrats would allow such a pathetic and disease ridden leadership to stay in a position of power. By following the dictation of a powerful financial lobby they guarantee that their party will be hounded out of office by a wall
Many seniors think they are saving money when they buy AARP insurance. However, they may be paying twice as much as they would with a competing product.
The Senate quietly stripped whistleblower protections from the final stimulus package Wednesday afternoon, as the bill's authors bragged of a bipartisan compromise.
As I watch Congress question the CEOs of various money-center banks, I get the feeling they're playing footsy under the table. There's a little outrage from some -- albeit misplaced -- but what we're watching is the lions questioning the
If Treasury Secretary Timothy Geithner could get an earful of skepticism over the government's financial bailout plans, the nation's top bankers can expect no less when they make their maiden voyage to Congress as recipients of the widely cri
The unprecedented transfer of wealth from American citizens to the hands of few is a clear sign that government and the corporations that control it have become completely criminal and are without conscience.
Managers at the World Bank provided false information to the agency's board of directors about a $39 million, politically-connected European "coastal cleanup" project that led to the destruction and destitution of a powerless village in
ACORN could receive up to $4 BILLION (!) under the economic stimulus legislation approved by the House of Representatives. ACORN is under investigation in at least 14 states...
American taxpayers to pay prostitution bills for major league baseball owners, executives from Lehman Brothers, Goldman Sachs, Merrill Lynch and Deutsche Bank. A high profile New York real estate developer who the girls were warned would, "answe
The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
Soon a new currency will be created to replace the current system. One cannot have one world government without a one world currency, a system of weights and measures, and a system of international law and the destruction of our Constitution.