Rep. Jane Harman vowed to clear her name after the revelation of a wiretapped conversation in which she reportedly agreed to intervene in the federal investigation of 2 pro-Israel lobbyists in exchange for help in getting a coveted congressional post
The two-time Democratic presidential candidate acknowledged Sunday that investigators are assessing how he spent his campaign funds — a subject that could carry his extramarital affair from the tabloids to the courtroom.
Could it be that Goldman is singlehandedly benefitting from being the liquidity provider of last resort, even more so as there are virtually no other participants in the SLP program? And, as is expected, with a liquidity "monopoly", come un
I want to elaborate a bit on the Philadelphia Fraternal Order of Police’s shameful defense of Officer Jeffrey Cudjik, a cop now under internal and federal investigations for habitual lying on affidavits; harassing, terrorizing and possibly stealing f
Sen. Dick Durbin blurted out an obvious truth about Congress that, despite being blindingly obvious, is rarely spoken: "we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they f
You are not wrong; you are not alone in your thoughts. Madness is madnesss, no matter how popular it may be, appearing attractive, clever, well-presented, and enticing in the short term.
It’s been 17 days since Sam Dodson was arrested for filming inside a New Hampshire courthouse and his jailers have yet to release him. All because he has refused to provide them with his legal name, something he says is his Constitutional right.
OeBB-Holding AG, Austria's state-owned railroad company, reported a record 966 million-euro($1.3 billion) loss after writing down the value of derivatives that went awry. OeBB's 2008 loss compared with a profit or 42.4 million euros a year e
Milan's financial police seized 476 million euros($620 million) of assets belonging to UBS AG,Deutsche Bank AG,JPMorgan Chase & Co and Depfa Bank Plc amid a probe into alleged fraud linked to the sale of derivatives.
The top U.S. intelligence official says that Rep. Jane Harman was not monitored by a National Security Agency wiretap. Dennis Blair, the National Intelligence Director, declined to say Monday which agency requested the reported wiretap and oversaw t
If Team Obama will give torturers a free pass (a very small group that has nevertheless done tremendous damage to America's standing in the world), there is absolutely no way it has any appetite for exposing the massive fraud in the financial sys
It's crystal clear from the letter that a strong case can be made that Paulson and Bernanke coerced Lewis to carry out a merger agreement that was not in Bank of America's shareholders best interest.
Americans are fed up with the political, Wall Street and media establishments. There are 15 survey questions on a wide variety of subjects including economics, politics, the GOP & Ron Paul, the financial meltdown & the media.
So Citigroup is profitable because investors think it’s failing, while Morgan Stanley is losing money because investors think it will survive. I am not making this up.
Bernanke and Paulson implicitly ordered Ken Lewis to keep silent about the massive losses Merrill was sustaining in Q4. Put differently, Paulson and Bernanke ordered him to deceive his own shareholders about the condition of the company BAC was buyin
(Yeah right) David Kellermann, acting chief financial officer of Freddie Mac, committed suicide in his Hunter Mill Estates home Wednesday morning. Fairfax County Police spokeswoman Mary Anne Jennings tell WTOP police responded
Former presidential candidate Alan Keyes has given perhaps his most dire warning yet, saying that the Obama administration is preparing to stage terror attacks, declare martial law and cancel the 2012 elections, which is why they are demonizing their
Wikileaks has released detailed lists of the controversial Republican Senator Norm Coleman’s supporters and donors. Some 51,000 individuals are represented.
Meredith A. Whitney, a prominent research analyst, said in a recent report that what banks were doing amounted to a “great whitewash.” The industry’s goal — and one that some policy makers share — is to create the impression that banks are stabilizin
The mayor of Duncanville, Texas had a member of the city council arrested last Tuesday for speaking out against the use of red light cameras during an official meeting. The incident took place during the discussion of whether the city should spend $5
For conspiracy lovers, long searching for any circumstantial evidence to catch the mysterious "plunge protection team" in action, you should look no further than this.
This could get interesting. The Financial Times tells us that Neil Barofsky, the special investigator general for the TARP, is looking whether banks cooked their books by overvaluing assets to qualify for TARP funding.
When greedy bankers gambled and lost in 1907, other rich bankers and financiers like J.P. Morgan bailed out the system with their own money. So why did the government make today's banking crisis a burden to the average over-taxed citizen?
The Founding Fathers were strongly opposed to the formation of a central banking system - the fact that England tried to place the colonies under the monetary control of the Bank of England is seen as leading directly to The War of Independence.