By Matt Taibbi - April 5, 2010 3:58 PM ET - From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again
They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further.
And there were those who thought that the $20 billion demanded by state and federal officials of banks caught in various acts of robosigning fornication was a joke.
German chancellor Angela Merkel has publicly endorsed Mario Draghi, former vice chairman and managing director of Goldman Sachs International and current governor of the Italian central bank, to become the next president of the ECB.
Much of the trading was conducted by high frequency trading (HFT) computer bots whose clear purpose seems to be to cause disruptions to prices. These are the same disruptive traders that caused the flash crash in the stock market last year.
But like so many zombies that inhabit the financial landscape, the mortgage settlement negotiations refuse to die. They were unlikely to succeed, given that some of the attorneys general who joined late in the game were opposed to the entire...
For real? It’s debt relief? Why not just go old school with “let them eat cake”?
September 10th 2002 CBS
The American public are quiet about everything but their own perquisities. Unprecedented global interventions and manipulations of the economy are accepted without comment, with the implicit faith that it's all justified as long as my...
Rueters is reporting city officials in Seattle, Washington “agreed to pay $1.5 million to the family of a Native American woodcarver (John Williams) fatally shot by a white cop (Ian Burk) in a confrontation that stoked racial tensions and helped spar
All bets are off whether the Lukashenko regime will last 10 years, 10 months, or 10 days.
I’m sick of the free pass given the libertarian blather, “The state is the only source of coercive power.” I doubt that many non-libertarians buy that assetion, but they too often remain silent because most libertarians are rabid on that issue...
Trust me on this - you've not seen the last Ticker from me on this subject. Not by a long shot. If you're an Arizona lawmaker, did something wrong in this regard, and think this issue is just going to wither away and die, you're sadly mistaken.
I was told the bill was DOA in the House before it even got out of the Senate. It was “double-assigned” meaning it had to pass two committees instead of just one.
From what I can discern from talking to various involved parties, the consensus is that any bill that requires the banks or mortgage servicers to even discuss the issue of proper chain of title as being part of the foreclosure process...
He notes that the REMIC investors, who he called “innocent parties,” would have to pay rather than the banks that were responsible for any wrongdoing in transferring mortgage ownership.
Jesus Vicente Zambada Niebla was “logistical coordinator” for narco-gang behind purchase of CIA torture jet that wrecked with four tons of cocaine.
Munnell's memo contained a variety of allegations, including one in which Hendershott ordered deputies to write a search warrant for a conference room that county supervisors use for confidential meetings. When deputies refused to write the search wa
Ms. McLain, deserves every bit of political heat that she has taken and, hopefully, will continue to take on this very issue. Her action, while legal under parliamentary rules, stands as a raw financial **** of those in Arizona who have...
That's right folks, in Arizona actually having a lender prove they own the debt they alleged you're not paying is asking too much, is "false hope", and is a violation of their rights...... to steal your house without proving they have the right to...
A pair of Republican lawmakers was on the defense yesterday after bloggers began weaving a tale of conspiracy, alleging a piece of real estate legislation was killed in exchange for a lawsuit against one of the lawmakers being settled.
The Phoenix city auditor on Monday told a special review panel that he has found no evidence that the Police Department intentionally inflated kidnapping statistics to land a $1.7 million federal grant.
In defense of this view, Greenspan paints a disturbing view of the modern world as a financial dystopia in which humans are at the mercy of a financial machine they have built but can no longer hope to manage.
Only one question remains for Arizona residents: Are you going to sit for being screwed raw by this putrid viper or will you stand and do something about it?
The Senate passed this bill, by the way, 28-2. But after it passed something odd happened - it disappeared!
Since March 2009, stocks have doubled. However, oil has nearly TRIPLED in price.
How many counties and municipalities and States are doing what Mono County did—acting no better than thugs? Especially now, after they got themselves in the nightmare fiscal situation most of them are in—how many are retroactively...
The Michigan Court of Appeals handed down a ruling yesterday essentially saying MERS has no authority to foreclose in the state of Michigan...
America's corrupt politics
The Senate Ethics Committee has been probing Ensign's admission two years ago that he had an affair with Cynthia Hampton, wife of his co-chief of staff, and then tried to buy her silence with a $96,000 gift from his parents. Ensign announced last