Public Interest Group Sues Justice Department Over JPMorgan Settlement

By: Monday February 10, 2014 11:09 am

As a high ranking JPMorgan official is being forced to step down from a CFTC advisory board it is being reported that Better Markets, a public interest group, is suing the Justice Department over its pathetic settlement with JPMorgan for fraud in the mortgage securities market. The DOJ settlement gives JPMorgan “blanket civil immunity”, a [...]

Federal Judge Asks Why Wall Street Executives Haven’t Been Prosecuted

By: Friday January 3, 2014 6:31 am

A federal judge has decided to publicly ask the questions millions of Americans have been wondering for years – given that we know people on Wall Street broke the law leading to the crash why hasn’t anyone been prosecuted? This is particularly pressing given that the 5 year statute of limitations is fast approaching for [...]

JPMorgan Agrees To Pay Billions For Causing Financial Crisis

By: Wednesday November 20, 2013 5:07 am

Yesterday the Justice Department announced a $13 billion settlement with JPMorgan over the megabank’s fraud in the mortgage backed security market that helped trigger a financial meltdown in 2008. The deal was completed after JPMorgan CEO Jamie Dimon summoned Attorney General Holder to a private meeting to avoid a press conference, the terms discussed at [...]

Rating Agencies Exposed For Helping To Create 2008 Financial Crisis

By: Monday June 24, 2013 8:13 am

Visit NBCNews.com for breaking news, world news, and news about the economy As Wall Street alumni Attorney General Eric Holder and Criminal Division head Lanny Breuer slept, private law firms took Wall Street to court. Through the lawsuits filed we have learned that the rating agencies, Moody’s and S&P, were well aware that what they [...]

Judge Orders NSA To Release Dragnet Surveillance Records For Armed Robbery Case

By: Wednesday June 19, 2013 7:45 am

In what could become a precedent-setting legal battle, a Florida judge has ordered that the NSA provide the court with phone records of a man accused of armed robbery. What does this case have to do with national security? Absolutely nothing, but the records exist and could exonerate the man. In wake of the NSA [...]

Rahm Emanuel Is Losing Control Of Chicago

By: Monday June 17, 2013 7:47 am

Chicago has experienced one of its bloodiest weekends yet under “Murder Mayor” Rahm Emanuel with 46 people shot and at least 7 dead. Questions are now being raised as to whether Emanuel can govern the city. At least 34 people were shot — seven of them fatally — Saturday afternoon through Father’s Day Sunday, stretching [...]

Wall Street Rigging Currency Exchange Rates Too

By: Friday June 14, 2013 11:50 am

In case you forgot your bankster overlords – free of fear thanks to Obama, Holder, and the NSA -  are continuing to rig markets, here is yet another scandal. Wall Street has gone beyond rigging LIBOR, Swaps, and the Oil market to include the currency market. Traders at some of the world’s biggest banks manipulated [...]

CFTC Chairman: LIBOR Still “Not Clean” Was Often “Completely Made Up”

By: Friday February 22, 2013 10:42 am

Gary Gensler, the head of the Commodities Future Trading Commission (CFTC), has made a pretty depressing admission to the BBC. During an interview on one of the greater financial scandals in modern times, the rigging of the London Interbank Offered Rate (LIBOR), Chairman Gensler submitted that the global benchmark for interest rates is still “not [...]

Exoneration Registry Shows Incidents of Wrongful Convictions

By: Monday May 21, 2012 2:15 pm

A remarkable new registry of exonerations of convicted criminals shows that since 1989, over 2,000 Americans were convicted of crimes they did not commit, and were eventually set free. The National Registry of Exonerations, a joint project of the University of Michigan and Northwestern University, tracks these incidents and uses the data to study how [...]

California’s Prison Crisis Could Be Solved Easily

By: Tuesday May 24, 2011 11:13 am

The fallout from the Supreme Court’s ruling on California prisons has been predictable. Law and order politicians rail against “activist judges” who are meddling in California’s business (by protecting 8th Amendment rights and rejecting the ability for the state to continue killing its prisoners through negligence to their medical care). They claim that this order [...]

Shades of Jon Lovitz’ Line in 1988: “I Can’t Believe I’m Losing to This Guy”

By: Thursday September 2, 2010 11:37 am

Let’s start with Larry Sabato’s latest forecast for the 2010 elections: Given what we can see at this moment, Republicans have a good chance to win the House by picking up as many as 47 seats, net. This is a “net” number since the GOP will probably lose several of its own congressional districts in [...]

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