Wall Street Banks Already Breaking Law Again, Violating Settlements With Prosecutors

By: Thursday October 30, 2014 8:00 am

Brace yourself for an epic shock – Wall Street is breaking the law again. After a couple of years of questionable compliance with legal settlements the banksters are now straight up violating the terms of the deals prosecutors and regulators struck as an alternative to criminal charges. Apparently, as has been argued by everyone not [...]

Reporter Claims Government Hacked Her Computer And Inserted Evidence To Set Her Up

By: Wednesday October 29, 2014 5:50 am

Sharyl Attkisson, a former reporter with CBS News, claims in a new book that the US government hacked into her computer as well as her phone lines. Attkisson was one of the reporters responsible for the infamous Benghazi story that became the subject of numerous congressional hearings concerning how an American diplomat was killed in [...]

Elizabeth Warren Says Obama Administration ‘Protected Wall Street Not Families’

By: Monday October 13, 2014 10:28 am

Senator Elizabeth Warren condemned the Obama Administration for perpetually siding with Wall Street instead of Wall Street’s victims. In an interview with Salon conducted by Thomas Frank, Senator Warren noted her frustration with the economic team President Barack Obama put together and claimed that they promoted the interests of Wall Street rather than families losing [...]

Holder And FBI Looking To Stop Civilian Use Of Strong Crypto

By: Friday October 10, 2014 9:32 am

Need more evidence that the government wants access to all your private information? Then check out the recent move by Attorney General Eric Holder and the FBI to subvert the use of strong cryptography by the average citizen. As noted by Cory Doctorow, the move to weaken civilian use of strong crypto is actually a [...]

Eric Holder Stepping Down As Attorney General

By: Thursday September 25, 2014 9:56 am

Wall Street lawyer turned cabinet secretary Eric Holder is stepping down as Attorney General of the United States. Holder will resign as soon as his successor is confirmed according to National Public Radio which wrote a laudatory piece on Holder that included the news. Those who spoke to NPR told them it was Holder’s decision [...]

Will Bank Of America Really Pay $17 Billion For Mortgage Fraud That Led To 08′ Crash?

By: Thursday August 21, 2014 9:12 am

Throughout the media the figure of $17 billion has been paraded out as the penalty Bank of America will pay for its crimes in the mortgage security market that led to the 2008 financial crisis and resulting Great Recession. But will BofA really be paying that much? If the other deals struck for the same [...]

Ferguson Sees Another Night Of Unrest Despite National Guard Presence

By: Tuesday August 19, 2014 4:58 am

Monday night saw renewed clashes between protesters and law enforcement in Ferguson, Missouri with two people shot and at least 31 arrested. The police blamed the disharmony on a “tiny minority of lawbreakers” whom they claimed fired on them and had Molotov cocktails. Before the protests took a downward turn Missouri Governor Jay Nixon tweeted [...]

DOJ Citigroup Settlement Lacks Disclosure Of Victims And Criminal Conduct

By: Tuesday July 15, 2014 7:52 am

On Monday the Department of Justice and Attorney General Eric Holder announced a meager $7 billion settlement with Citigroup for causing the most severe financial crisis since the Great Depression by fraudulently selling mortgage securities that wrecked the financial markets. AG Holder celebrated the settlement and claimed “This historic penalty is appropriate given the strength [...]

Citigroup Pays Just $7 Billion For Causing Financial Crisis

By: Monday July 14, 2014 7:22 am

Citigroup, one of the most dysfunctional and malevolent financial institutions in American history, has agreed to pay $7 billion to settle investigations into the fraud it committed in the mortgage security market that led to the financial crash of 2008. The selling and marketing of volatile mortgage security products to investors around the world as [...]

Study Shows Being Rich Makes You An ‘Asshole’

By: Tuesday July 8, 2014 7:27 am

Ever had the sneaking suspicion that most rich people are jerks? Well the connection between wealth and narcissism has now been studied and the results show that as people get richer, they are more likely to feel entitled, to exploit others, and to cheat. According to studies by psychologist Paul Piff, wealth leads humans to [...]

Eric Holder’s Legacy To Be Failing To Hold Wall Street Accountable

By: Tuesday July 1, 2014 11:26 am

Attorney General Eric Holder, appointed in the beginning of Barack Obama’s presidency, is beginning to have his legacy evaluated and it is not looking good. A creature of Wall Street who helped represent some of the culprits of the mortgage crisis in private practice, Holder never made an honest or substantive efforts to go after [...]

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