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One of the most distressing things about the current financial scandal is that there has been no similar reckoning against the firms that were supposed to be watching the system for the investment public.
ACORN's attorney warned the group last year that it needed to get its fiscal and managerial houses in order, reports Matthew Vadum at The American Specator Blog. That warning came in the form of a 15-page memo, Vadum reports, that is the "Holy Grail
Billing records filed with the court show the examiner is investigating an issue that has angered many of Lehman's creditors: how the Federal Reserve and the New York Fed -- which lent Lehman $46 billion in cash and securities before its bankruptcy f
.Paulson and Federal Reserve ChairmanBen S. Bernanke also told Morgan Stanley Chief Executive Officer John Mackhe should be willing to sell his firm to JPMorgan Chase & Co. for $1 a share, according to excerpts from Sorkin’s new book, “Too Big to Fai
"...Barack Obama was born a citizen of this country regardless of the location of his birth," Johnson's letter, dated earlier this month, said.
Consummate Chairman, We would like to direct Your attention to this letter written some months ago by that one person who comes closest to being called Your "supervisor." Indeed, we are well aware that You, Mighty Majesty, are not accountable to a
I know it's a difficult thing to stop lying when you're in Washington DC where the easiest way to determine if someone is being untruthful is simply to observe if their lips are moving, but this is going too far:
The Serious Fraud Office(SFO) today announced it will seek permission to prosecute BAE(British Aerospace), Britain's biggest defence contractor, over bribery charges. In a brief statement, marking the culmination of an investigation last almost 6 ye
The Main video titled Glodman Sucks" Sachs - Fascism at its finest! features Matt Taibbi, reporter and contributing editor for Rolling Stone. He has investigated, reported on and exposed much on Goldman Sachs
Conflict of interest or what! More confirmation of how the ruling class manipulates at all costs with not even the slightest bit of ethics.
Tim Geithner will have some explaining to do to his banker backers why Congress is not too happy with the ongoing Wall Street bailout known as TARP.
So far this year, lobbyists have made 70% of their donations to Democrats –- up from 37% in 2006, according to the data.
WASHINGTON – In a long-anticipated showdown, liberal Democrats twice failed on Tuesday to inject a government-run insurance option into sweeping health care legislation taking shape in the Senate, despite bipartisan agreement that private insurers mu
The Tom Woods' congressional testimony last week Friday in favor of the 'Audit the Fed' bill had two very curious turns, he set off extremely hostile questioning from two congressmen, by the hearings Committee Chair Barney Frank and Representative Me
Federal prosecutors name former Rep. John Doolittle as an unindicted co-conspirator in a corruption case against one of Doolittle's former aides. In documents filed in U.S. District Court in Washington, D.C., last week, the government also allege
MAG's plans envision 400 miles of new highways and 320 miles of rail track to support the millions of people projected to move into the vast desert area by 2050.
Billionaire investor, globals scale manipulator, and Obama supporter, George Soros, bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter of 2009, making the Brazilian state-controlled oil company his investment fund’s
California Republican Representative Darrell Issa is another public figure hot on Bank of America's tail. And this time it doesn't have anything to do with the Merrill acquisition, which is what most folks are concerned with.
Congresswoman Jan Schakowsky (D-IL) has been accused of having a lesbian affair with a Turkish spy. The Congresswoman is married to Robert Creamer, a convicted felon. The accuser, Sibel Edmonds, was a translator working for the FBI as reported in Am
The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effort to cleanse financial firms of their toxic assets, and a $35 billion plan to prop up state program
Schumer gets $1.65mm, or 15% of the $11mm given to Senators, from Wall Street since January 1st. Let's see if Schumer helps the Fed implement its scheme to dump toxic bank assets into your money market funds.
During the testimony by Tom Woods on Friday, in favor of H.R. 1207, Congressman Barney Frank stepped up to the plate with some hostile questioning
Zero Hedge has recently presented several declassified documents from the pre-1971 "Nixon Shock" days, that endorse the case for gold as a major historical factor in US monetary and foreign policy, as demonstrated by State Department and CIA disclosu
The discovery that Countrywide Financial Corp. recorded phone conversations with borrowers in a controversial mortgage program that included public officials -- and that those recordings have been destroyed -- has prompted new congressional calls for
John M. Cole, a former FBI Counterintelligence and Counterespionage Manager, has publicly confirmed FBI's decade long investigation of the former State Department Official. According to Cole, as in over 100 cases involving Israeli espionage
Bank of America’s purported concern for “homeowners facing foreclosure” is interesting. I wonder how many them were prequalified by ACORN for subprime Bank of America mortgages that they now cannot afford.
In the past three election cycles, lobbyists and special interests poured $355 million into leadership PACs, making them the second-largest source of political money for sitting members of Congress.
Sept. 28 (Bloomberg) -- Nassim Taleb, author of “The Black Swan,” questioned why Federal Reserve Chairman Ben S. Bernanke, and Treasury Secretary Tim Geithner kept their posts after failing to foresee the collapse in global credit markets.
I would say something smells fishy here but the truth is it smells like 6 tons of dead fish washed up on the beach.
