News Cliven Bundy Denies Racist Allegations
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NEVADA - The 67 year old Nevada rancher who won a stand off when armed federal rangers tried to force him off his land has been accused of racism. Cliven Bundy made a comment during his many interviews about how he thought blacks may have been better
News Three lawyers face disciplinary hearing in Maine over βrobo-signingβ scandal
By Scott Dolan
The Maine Board of Overseers of the Bar is seeking disciplinary action against three lawyers it contends willfully misled courts by allowing a practice that became known as βrobo-signingβ during the nationβs mortgage foreclosure crisis.
News Shannon Connely Buckeye man freed (finally) from insane prison sentence
Connely, who had no criminal record, was charged with aggravated assault and disorderly conduct. The Maricopa County Attorneyβs Office offered him probation if he would plead guilty to a lesser crime but he refused, believing no jury would convict hi
News Ray Kelly in the running for JPMorgan job
NYPD Commissioner Ray Kelly, unwanted by Mayor-elect Bill de Blasio, is in the running for a top security job at JPMorgan Chase, sources at the financial giant told The Post.
The position would include overseeing the firmβs cyber-security, accordin
News Here's What Happens When Wall Street Builds A Rental Empire
"It's just a slumlord,'
There's no escaping the stench of raw sewage in Mindy Culpepper's Atlanta-area rental home. The odor greets her before she turns into her driveway each evening as she returns from work. It's there when she prepares dinner, and only diminishes when
News The Real-Life Stories Told in βWalk on the Wild Sideβ
Snagged from among the thousands of condolences, recollections, posthumous mash notes and encomiums launched into the Twitter slipstream last week was a message from the actress Virginia Madsen to her 74,656 followers. Lou Reed was a βcool cat,β the
News NY bank regulator vows more consultant oversight
By MICHAEL VIRTANEN, Associated Press
By MICHAEL VIRTANEN, Associated Press
New York's top financial regulator has promised more oversight of bank consultants, including large accounting firms, citing an old, ignored state law that gives his office "the power to drive reform." Addressing a conference on corporate resp
News Taking Stock: Why Bankers Still Aren't Chastened
By Martin Hesse and Anne Seith
Just a Slap on the Wrist
The truth is, spectacular coups like Weil's arrest are little more than symbolic gestures. The fines and settlements paid by many financial institutions are akin to the indulgences sold by the medieval Catholic Church. T
News Lou Reed Was a Powerful Ally in the Cause of Human Rights, says Amnesty International USA
Ann Burroughs, chair of the Board of Directors, Amnesty International USA, made the following comments today about the death of artist Lou Reed:
"With the sad passing of Lou Reed, the human rights movement has lost a powerful voice for humanity and
News Top 5 Conspiracy Theories That Are True!
Abby Martin speaks with BTS producer Manuel Rapalo about a few of the most shocking US government conspiracies that turned out to be true.
News Banks have racked up $95 billion in fines for the housing crisis. But is that enough?
Over the past five years, the U.S. government has become steadily more aggressive at fining banks for their role in the housing crisis.
JPMorgan was the latest target, settling for $13 billion. And thereβs more to come: βBank of America may soon re
News JPMorganβs Eminence Seen Fading in Default Swaps: Credit Markets
By Callie Bost & Charles Mead
JPMorgan Chase & Co. (JPM)βs advantage over its Wall Street peers is fading in the eyes of credit-derivatives traders as fines and regulator probes hobble profits while firms from Citigroup Inc. to Morgan Stanley rebound.
Credit-default swaps trade
News Hidden City
New York has more homeless than it has in decades. What should the next mayor do?
Mary Brosnahan, the president of the Coalition for the Homeless, has worked for that organization for twenty-five years. She grew up in Dearborn, Michigan, and got her undergraduate degree at Notre Dame. Dark-haired and soft-spoken, she seems to enjo
News On International Day Of The Girl Child, These Facts Remind Us We're Lucky Gals (Plus: How To Hel
Celebrating its second year, the International Day of the Girl Child focuses its advocacy efforts on lifting up the most marginalized group in the world. This year, the theme is girls' education. Around the world, 57 million children are currently n
News AP IMPACT: Families hoard cash 5 yrs after crisis
"Lehman changed everything," says Arne Holzhausen, a senior economist at global insurer Allianz, based in Munich. "It's safety, safety, safety."
The AP analyzed data showing what consumers did with their money in the five years before the Gre
News Man sets himself on fire at National Mall
Witnesses told The Daily News that the man had poured gasoline over his body before lighting himself. Two passing joggers rushed to his side. One of the joggers pulled off his shirt in an effort to beat down the flames.
News EXCLUSIVE-Vatican Bank likely to close embassy accounts after Iran, Iraq red flags
Reuters has learned that the Financial Information Authority (AIF), the Holy See's financial watchdog, wrote to the IOR in the second half of 2011 expressing its concern over several cash withdrawals and deposits by the embassies of Iran, Iraq and I
News Atty General meets with JPMorgan chief
WASHINGTON (AP) - JPMorgan chief executive Jamie Dimon met Thursday with Attorney General Eric Holder about an investigation into the company's handling of mortgage-backed securities in the run-up to the recession.
Holder declined to characterize t
News Time Magazine uses different covers for different regions of the world.
Our liberal media couldnβt possibly embarrass their savior with the same cover that is being seen in the rest of the world. Our cover addresses the crucial issue of paying college athletes.
News Fed Economist Fired for Investigating
Odd Pre-9 11 Bank Note Shipments
Fed Economist William Bergman noticed that there had been a huge surge in currency shipments amounting to billions of dollars in currency in the July and August immediately preceding the 9/11 attack.
This data was once readily available to the publi
News In the District, six firms took turns winning tax liens on properties worth $540 million. The odds t
From 2005 to 2007, Bermanβs companies dominated the bidding room, spending millions to buy the liens placed on properties when owners fall behind on their taxes.
He was a big player at tax lien auctions in Maryland, too, where he was caught in 2007
News Left with nothing.On the day Bennie Coleman lost his house, the day armed U.S. marshals came to his
But under the watch of local leaders, the program has morphed into a predatory system of debt collection for well-financed, out-of-town companies that turned $500 delinquencies into $5,000 debts β then foreclosed on homes when families couldnβt pay,
News U.S. Bank Legal Bills Exceed $100 Billion
The six biggest U.S. banks, led by JPMorgan Chase & Co. (JPM) and Bank of America Corp., have piled up $103 billion in legal costs since the financial crisis, more than all dividends paid to shareholders in the past five years. Thatβs the amount allo
News The Fed's millionaires
There are an awful lot of millionaires at the Federal Reserve.
Financial disclosure forms released Tuesday show that all seven current members of the Federal Reserve Board of Governors have assets worth more than $1 million.
News SEC calls for cooling-off period for more staff
Sarah N. Lynch, Reuters
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission is making more of its staff who leave the agency for the private sector subject to a one-year cooling-off period.
The reform is being embraced by those who say the SEC's revolving
News Credit card insurance shark's Β£100million bonanza: Tycoon who amassed fortune through mis-sellin
A businessman who amassed a Β£100million fortune through a mis-selling racket showed contempt for his seven million victims yesterday.
Read more: http://www.dailymail.co.uk/news/article-2399464/Hamish-Ogston-Tycoon-amassed-fortune-mis-selling-rack
News Ripping Off Young America: The College-Loan Scandal
By Matt Taibbi
In a way, America itself is violating the Truth in Lending Act. It's cheering millions of high school graduates toward college every year, feeding them into the debt grinder under the banner of increased opportunity, when full disclosure would requi