Whatever rationales Rubin’s conscious mind may have made about his role in the collapse, his subconscious knows better. And while no one else seems to be doing this, his subconscious is in the process of kicking his own ass.
According to the latest from the National Enquirer, John Edwards is working on a plea deal that will let him avoid jail time. But he will have to plead guilty--to something.
And I'm not referring to the $23 trillion in bailouts, loans, guarantees and other known shenanigans that the special inspector general for the TARP program mentions. I'm talking about more covert types of bailouts.
Offered by banks like JP Morgan, Bank of America, and Citigroup, the so-called municipal credit default swaps can be used by investors to bet that insurance contracts protecting holders of municipal bonds will default.
A Chester New York police officer was arrested on public lewdness & child endangerment charges for allegedly exposing his genitals to two young girls at one location and then doing the same to two others at a different location.
As we’ve seen happen so many times before in police brutality cases, evidence against the Prince George’s County police officers who beat up a University of Maryland student has gone missing.
ABC 7 News is calling it a “bizarre coincidence.”
Un
During the Goldman Sachs hearing on Capitol Hill Tuesday, senators asked bankers why they did what they did – and the lawmakers didn't like the responses they got.
First they pick pocket you on the streets, now they are using the images without your consent to defame you in the public. This is a prime example of why these video surveillance cameras have to go.
Goldman Sachs is expected to earmark about $5B for staff pay and bonuses this week, days after being accused of securities fraud by the US regulators, fueling the controversy over bankers' rewards in the teeth of the financial crisis.
The government accused Goldman Sachs of defrauding investors by failing to disclose conflicts of interest in mortgage investments it sold as the housing market was faltering. The Securities and Exchange Commission announced civil fraud charges
Unfortunately, they use our wealth and laws not only to benefit their outdated, failed companies, but also spend a small pittance of their ill-gotten gains lobbying and favor-trading with politicians so the government will continue to protect...
Barclays Bank and Goldman Sachs reaped windfalls from an emergency auction of Lehman Brothers' derivatives portfolio, but the firms and the exchange that held the auction may be immune from any lawsuits, a court-appointed examiner said.
The reality is that the American Dream is literally being stolen from millions of Americans right out from under their noses and they don't even realize it. The corruption on Wall Street has become so deep and so vast...
At stake are 231 pages of disclosure detailing just how the banks managed to rape the American middle class, and saddle it with debt that will never be paid off.
Since 2004, a Miami psychiatrist has prescribed almost 14 million pills to Medicaid patients at a cost to taxpayers of $43 million, a state agency says.
Fernando Mendez-Villamil would have had to issue 4,000 prescriptions a month, or 1,000 a wee
GOP Lawmaker Darrell Issa Poised to Call for Special Prosecutor to Investigate White House
Rep. Darrell Issa, the top Republican on the House Oversight committee, told CBS News Wednesday that he will call for a special prosecutor to investigate th
"Assistant commissioner with U.S. Customs & Border Protection's Office of Internal Affairs, told a Senate homeland security subcommittee in Washington that only about one in 10 of the new hires for agency jobs are given polygraph tests, & of those, 6
Neither the FDIC or Treasury has a spare $500 billion laying around for the potential payout to depositors that might be necessary in such an instance, we cannot reasonably assume that the risk of financial Armageddon has in fact passed...
I cannot seem to find a reasonable answer to, is why we, the people, continue to allow both a Congress and Federal Reserve to sit in control of our government and financial system when they permit and endorse actions that constitute financial rape...
Billed as an alternative grassroots movement to the Tea Party. However, the so called founder of the Coffee Party has been quickly exposed as an Obama campaign operative, whose caffeine concept was purely designed to undermine and co-opt the Tea Part
It’s the fact, instead, that it’s become one giant casino that is responsible for foreclosures, lay-offs, bankruptcies and the even graver consequences we have yet to witness. Our society has gambled itself away, literally
A key figure in the domestic abuse scandal bedeviling Gov. David A. Paterson told investigators that the governor phoned to enlist her help in quieting the accuser, according to a person with knowledge of her account.
An unfolding scandal threatening Gov. David Paterson and his administration claimed its second public safety official Tuesday when the head of the New York State Police said he was retiring, partly because of intense media scrutiny.
Markopolos said he was living under a "death sentence" for ten years. Believing Madoff's client list included drug cartels and organized crime, Markopolos went to extremes to protect himself and his family, even going so far as to devise a plan to...
The comparison of the government to a referee needs to be retired. The government is the major player in the game. Its referee uniform is a disguise, which makes it all the more effective as a player.
US Rep. Charles Rangel, the most powerful tax-writing lawmaker in Congress and a 40-year veteran of Capitol Hill, acknowledged an ethics panel has accused him of accepting Caribbean trips from a corporation in violation of House rules.
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