Andrew Ross Sorkin has written a column lamenting that “For a Generalist, ‘Too Big to Fail’ May Be Too Tricky to Judge” about the district … Too Big to Fail From the Eyes of a SpecialistRead more
Bank
Killer SBI funding cluster bomb maker
A report by PAX, a Dutch campaigning organization, last week listed the government-owned bank as one of 158 lenders – including JP Morgan Chase, Barclays, … Killer SBI funding cluster bomb makerRead more
Vampire Squid Goldman Sachs Gets Away with $5 Billion ‘Non-Punishment’
Goldman Sachs—once described as “great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money”—has agreed … Vampire Squid Goldman Sachs Gets Away with $5 Billion ‘Non-Punishment’Read more
Bernie and the Big Banks
The recent kerfluffle about Bernie Sanders purportedly not knowing how to bust up the big banks says far more about the threat Sanders poses to … Bernie and the Big BanksRead more
Jailing the Banksters Continued (Iceland Not US, Duh)
While the U.S. is busily and boldly jailing hapless poor black people over unpaid speeding tickets, Iceland doggedly persists in going after the true scofflaws … Jailing the Banksters Continued (Iceland Not US, Duh)Read more
Banking for the Common Good
The new report outlining a plan for an alternative ‘people’s’ banking network in Scotland is a New Economics Foundation, Friends of the Earth Scotland, Move … Banking for the Common GoodRead more
A Public Bank for Santa Fe
The crash of 2008 just keeps on giving. We didn’t make it happen, but somehow it’s ours to fix. Historically, governments look to raising taxes … A Public Bank for Santa FeRead more
The Whistleblowers’ Third Lemon Award is to Fannie and FHFA
The Bank Whistleblowers United’s third weekly lemons award is made jointly to the Federal Housing Finance Agency (FHFA) and Fannie Mae (with a dishonorable mention … The Whistleblowers’ Third Lemon Award is to Fannie and FHFARead more
57 Percent of Our Banks Have Disappeared: You Can Thank Bill Clinton
Thanks to the Presidential debates, most Americans have heard of the Glass-Steagall Act which kept the country’s banking system safe for 66 years until it … 57 Percent of Our Banks Have Disappeared: You Can Thank Bill ClintonRead more
Armed marshals arrest man for old loans
Seven US marshals armed with automatic weapons turned up at Paul Aker’s home in Houston, Texas, last week to arrest him over a $1,500 student … Armed marshals arrest man for old loansRead more