Can you imagine Barack Obama cracking down on financial speculators rather than giving them White House jobs? Jeff Cohen can’t: With U.S. media obsessing on the fight here at home among conservatives vying to become president, most of them missed some big news about France, which already has a conservative president. This week, French President […]
Tag Archive 'Wall Street'
Matt Taibbi recently shed more light on how Wall Street executives, with the help of the D.C. establishment, cheat and bribe their way up to a level of wealth and privilege many of us can’t even imagine. More here.
I’m glad Paul Krugman took a moment Friday to link Oliver Stone’s 1987 movie Wall Street to Mitt Romney’s presidential candidacy, but I’m wondering why the columnist pulled his punches rather than go for the KO. More here.
From Salon: When it comes to our government’s collective refusal to aggressively investigate — much less prosecute — Wall Street crime, one prevailing line of apologism implies that it’s all about resources. As the general fable goes, Wall Street is so sprawling and so lawyered up that public law enforcement agencies simply don’t have the […]
In his speech Tuesday, President Obama noted the “deficit of trust between Main Street and Wall Street,” and suggested that the big banks should “go the extra mile in helping to close that deficit.” I’m sorry, but why wasn’t he saying these things two years ago? More here.
Here’s all you have to know about the integrity of the billionaire mayor from Wall Street: After ordering the eviction of protesters from Zuccotti Park, New York City Mayor Michael Bloomberg on Tuesday explained that the park would temporarily remain closed due to a court order that restrained the city from closing the park. A […]
Politicians routinely laud cops as heroes, except for the “bad apples.” The question is, how many bad apples does it take to spoil the whole barrel? More here.
When it comes to describing the complacency of the Wall Street banksters, their disregard for the millions of people they defrauded and the ease with which they continue to push the right buttons in Washington in order to avoid restitution and prosecution… well, nobody does it better than Matt Taibbi.
Information in e-mails often ends up in databases that can be used against us by government agents. However, as Matt Taibbi points out, agents can just as easily destroy a database that might contain evidence of crimes in high places.