A congressional commission pressed Goldman Sachs to spell out how much their company has earned from its exotic bets against the housing market, including $20 billion in wagers that helped force a $162 billion taxpayer bailout of the AIG.
This isn't "regulation" it is intentional theft and looting.
"The stock market at this point, which used to be a reflection of the future value of actual businesses in this country, has been turned by our government and our banks into little more than a paper shredding facility...
Agent Orange for the general populationEntered By: Dave Hodges
Stinkfly: Devoted to the ever-vigilant pursuit and trashing of the NWO.
A devastating report in the New York Times documents how Timothy Geithner’s New York Fed worked tirelessly to make sure that AIG was forced to pay banks such as Goldman Sachs 100 percent on dubious contracts...
Wachovia struck a deal with Federal prosecutors under which the bank admitted it didn't do enough to prevent money-laundering between criminal organizations, in which illicit funds transferred flew past the $300 billion mark.
The admission came in an agreement that Wachovia struck with federal prosecutors in March, and it sheds light on the largely undocumented role of U.S. banks in contributing to the violent drug trade that has convulsed Mexico for the past four years.
Those Indymac boys were given deal by the FDIC, and borrowers were strong-armed.
After 911 Christy Todd Whitman came out and stated that the air was safe, and there was no need for respirators. Because of her actions hundreds are dead and suffered for years before passing. Is Charlie Crist following in her footsteps?
Maybe we can ask the BLM to give our wild horses a Special-Use Permit, or a right-of-way, so the horses can get a drink of water on our publicly owned land.
Earth to President Obama: there isn't going to be a next time. This time was enough to git 'er done. Wall Street - in particular the biggest "banks" - packaged up and sold enough swindles to unwind 2500 years of western civilization.
Senator Dodd (D- CT) revealed his plan for financial reform. It is nothing but a plan for a regulatory dictatorship.
The bottom line is that nothing has really changed ... the government is continuing to strengthen the parasite and poison the real economy. Congress is still continuing to pimp out the American people to Johns who have insatiable lusts .
The cards, provided by the Department of Social Services to help recipients feed and clothe their families, work in automated teller machines at 32 of 58 tribal casinos and 47 of 90 state-licensed poker rooms, the review found.
As he delivered his announcement, Mr. Cuomo was sitting on millions in campaign cash from the very special interests whose influence he said he wanted to limit. An analysis by The New York Times shows that of the estimated $7.1 million that the Cu
Bloomberg headline: "BP Demise Would Threaten U.S. Energy Security, Industry." Just as the failure of bankrupt banks was supposed to lead to the destruction of capitalism, so the bankruptcy of BP plc is now supposed to lead to the degeneration...
What do you do if you're a union-hated company on the verge of losing a major controversial contract with the Marines? You hire former Rep. Dick Gephardt to lobby, in a last ditch effort to save hundreds of millions of dollars.
Mere days after the tolling of the deadline for signature challenges, they were on statewide TV—the folks seeking the Republican nomination for Governor. The free and statewide soapbox is mandated in any contested Primary election, that includes a c
DOD officials say they take any allegation of corruption & wrongdoing seriously in response to a congressional report saying millions of dollars in taxpayers' money have been paid as extortion to Afghan warlords, public officials and even the Taliban
Rigging the system for plunder and profit
The U.S. military is funding a massive protection racket in Afghanistan, indirectly paying tens of millions of dollars to warlords, corrupt public officials and the Taliban to ensure safe passage of its supply convoys throughout the country, accordin
CBS News has learned in an exclusive report that the State Department has awarded a part of what was formerly known as Blackwater Worldwide a contract worth more than $120 million for providing security services in Afghanistan.
A 21-year-old father-to-be was killed last Friday night by a Las Vegas Police Department narcotics officer serving a search warrant for marijuana. Trevon Cole was shot once in the bathroom of his apartment after he made what police described as "a fu
A patient, having a stroke, says an officer with the Chattanooga Police Department blocked her husband from taking her to the emergency room at Erlanger Wednesday night. Aline Wright is a cancer survivor, amputee and a newlywed. Wednesday night she
First news report I've seen showing farmers facing dead and dying crops. No question in my mind that this is fallout from BP's f**kup. What's interesting is that this is near MEMPHIS TENNESSEE!! That's a long ways (relatively) away from ARCO/CAS
We’re repeating the same catastrophe in the Gulf. You see pictures of people wearing regular clothes who are wading in and scooping oil off the water. Hundreds, maybe thousands of people, are going to get sick unnecessarily.
The company attempted a "cement squeeze,” which involves pumping cement to seal the fissures, according to a well activity report. Over the following week the company made repeated attempts to plug cracks that were draining expensive drilling fluid
A BP (BP) refinery in Indiana will be allowed to continue to dump mercury into Lake Michigan under a permit issued by the Indiana Department of Environmental Management. The permit exempts the BP plant at Whiting, Ind., 3 miles southeast of Chicago,
The Office of Congressional Ethics is investigating 8 lawmakers who held fundraisers within 48 hours of a major House vote on a Wall Street reform bill or received substantial donations from business people with a financial stake in the bill,