The New Mexico Finance Authority, which issues debt to help local government with public works, suspended two executives on Thursday following the arrest of the agency's chief operating officer and a former controller, an official said.
Chief Oper
What are the details of the Libor scandal? Is it possible that it is one of the largest cases of fraudulent manipulation by bankers in history? Should we question what else could be being manipulated in light of this corruption?
• http://www.commondreams.org, Common Dreams staff
The notorious private military contracting firm formerly known as Blackwater has agreed to pay a fine of $7.5 million that allows it to avoid prosecution for 17 charges including arms smuggling
Most people still believe that individuals who choose a career in government or in law enforcement are far more reputable, and less likely to violate the law, than other members of society. Well, Ohio's Attorney General recently released a "Domesti
The bad news for Rafael Lopez was that the 27-year-old Iraq war veteran had been robbed and severely beaten by a gang of at least 10 men on the street outside the Aqua nightclub in Minneapolis.
A federal court in Chicago denied George Ryan’s latest appeal seeking his release from prison, dashing what was widely regarded as the former Illinois governor’s last credible hope to cut short his 6 1/2-year sentence for corruption.
Eight women's doubles badminton players from China, South Korea, and Indonesia were disqualified today after throwing matches in order to manipulate future match-ups.
We're still working through this... but wanted to give a quick breakdown of the weird, apparently algo-driven trades that hit the tape and caused the sudden uptick in orders hitting more than 30 stocks.
The House Ethics Committee on Wednesday called for the full chamber to reprimand Rep. Laura Richardson, accusing the California Democrat of breaking federal law, violating House rules and obstructing the committee’s investigation.
The Department of Child Protective Services, known as the Department of Family and Children Service (DFCS) in Georgia and other titles in other states, has become a “protected empire” built on taking children and separating families.
This may shed some light on why Ron Paul wants forced psychiatric drugging of our school children STOPPED! A caring and competent Michigan mother refuses to let child services take her very normal child and forcibly drug her with psychiatric medicati
To receive the adoption incentives, or bonuses, local CPS must have more children, they must have more merchandise, to sell. Funding is available when a child is placed in a foster home with strangers, or placed in a mental health facility and medica
Lawsuits are mounting against some of the world’s biggest banks over the manipulation of the global interest rate known as Libor as smaller lenders, municipalities and investors take stock of losses tied to the widening scandal.
Sandy Weill was impressive as a scrambler, a dealmaker, a man who could catch a wave. He's come out of retirement now, a decade after creating the Citigroup oligopolist, to catch a new wave, declaring on CNBC that investment banking and commercial ba
Last week’s shooting in Colorado shows us, once again, the failure of gun control. The Century 16 theaters in Aurora were “gun free” zones, where citizens are prohibited from carrying weapons for self defense.
Eight Justice Department officials tried to get their children and other relatives hired at the department in violation of laws and regulations, according to a report released Thursday by the department’s inspector general.
What in the world has happened to America? How has it come to this? The America that we currently see is unrecognizable from the America many of us grew up in. The America that many oppressed people risked their lives to escape to now more resembles
But Geithner, who was then head of the Federal Reserve Bank of New York, did not communicate in key meetings with top regulators that British bank Barclays had admitted to Fed staffers that it was rigging Libor, according to people familiar with the
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar with the banks' thinking said.
Such disc
• http://www.rawstory.com, By Agence France-Presse
Regulators are investigating Credit Agricole, HSBC, Deutsche Bank and Societe Generale over the Libor manipulation scandal that claimed the boss of British bank Barclays, the Financial Times reported Thursday.
Goldman Sachs said it is developing its private bank for wealthy clients, particularly in fast-growing countries and in Europe, where it hopes to pick up the slack from struggling local banks. “We’ve been in the wealth business for a long time,”
Capital One Financial agreed to pay $210 million to resolve charges by banking regulators that its call-center representatives misled consumers into paying for extra credit card products.
The FBI raided the homes of Trenton, N.J. mayor Tony Mack, his brother and a convicted child molester who donated thousands of dollars to Mack’s campaign.
“We have not violated the public trust in any way,” Mack told reporters
• propublica, Matt Isaacs, Lowell Bergman and Steph
A decade ago gambling magnate and leading Republican donor Sheldon Adelson looked at a desolate spit of land in Macau and imagined a glittering strip of casinos, hotels and malls.
26 Chicago Public School employees are accused of lying on federal school lunch forms, allowing their 45 kids to receive free or reduced-price lunches at 40 schools across the district. 12 principals were removed from their schools
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