Bipartisan Agreement: Goldman Sachs Broke the Law


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How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

By Richard (RJ) Eskow
May 23, 2012

More and more people are calling for Jamie Dimon, CEO of JPMorgan Chase, to resign from the Board of the New York Federal Reserve. more »

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10 Reasons To be Suspicious About Wall Street's Facebook Fiasco

By Richard (RJ) Eskow
May 22, 2012

Three of Wall Street biggest and best-known financial institutions handled the Facebook IPO, so why were people immediately suspicious when the stock soared and then promptly tanked? Easy answer: Because three of Wall Street biggest and best-known financial institutions handled the Facebook IPO. more »

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JPMorgan Chase: Break Up the Big Banks Now. Here's How.

By Richard (RJ) Eskow
May 21, 2012

When Jamie Dimon revealed that JPMorgan Chase had lost billions through risky and legally questionable trading, he said the losses would be about $2 billion and maybe more. Apparently it is more - a lot more. People in a position to know are saying the real figure is probably in the $5-7 billion range. more »

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Talking With Krugman: He's Anti-Austerity, Pro-Peter Gabriel, and "Not That Cosmic"

By Richard (RJ) Eskow
May 15, 2012

Everybody knows that Paul Krugman is a Nobel Prize-winning economist, a sometimes combative columnist and a liberal lion. But in a conversation which aired this weekend we learned more about his personal response to an ongoing crisis he describes as "really nasty," "very, very severe," and "gratuitious," and which he says "will not go away quickly or necessary at all" unless we do something. more »

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Jamie Dimon's JPMorgan Chase: Why It's the Scandal of Our Time

By Richard (RJ) Eskow
May 14, 2012

Most observers are missing the point. When CEO Jamie Dimon announced that JPMorgan Chase had incurred at least $2 billion in losses from risky, unsecured, derivatives-types trading, it uncovered the scandal of our time once and for all. more »

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Hush, Hush Sweet Charlotte: How Bank of America Silenced a Whole Town

By Richard (RJ) Eskow
May 9, 2012

You don't have to be good at your job to earn seven million dollars in a year. All you need is a few friends in the right places - places like the Federal Reserve, the Justice Department and the Treasury Department.

As the song says: "If I had a friend like Ben ..." (Bernanke, that is.) more »

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Burden of Proof: Geithner, Obama, and Wall Street’s Unpunished Crimes

By Richard (RJ) Eskow
April 26, 2012

Forgery. Perjury. Investor fraud. Bribery. Money laundering. The body of evidence against individuals at the nation’s biggest banks is overwhelming. Nothing speaks louder about the banks’ guilt than this evidence - nothing, that is, except the billions they’ve paid to settle the charges. more »

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Will a Young Generation's Dreams Be Rescued - Or Bundled and Sold On Wall Street?

By Richard (RJ) Eskow
April 25, 2012

Click here to tell Congress: Don't Double Student Loan Interest Rates! more »

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The White House and Mortgage Fraud: So Far It's All Talk, No Action

By Richard (RJ) Eskow
April 18, 2012

The Obama Administration worked for months on a deal that would have let America's biggest banks off the hook for a crime wave of runaway mortgage fraud. All they had to do in return was pledge a negligible sum of money, to be paid by their shareholders and not themselves, and which they would dispense themselves. more »

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The Elvis Index: Why the Rich Should Pay a Lot More On Tax Day

By Richard (RJ) Eskow
April 17, 2012

Let's face it. The subject of taxes intimidates a lot of people, and it can be an understandably touchy subject. So we won't inundate you with charts, graphs, and tables to tell you why the rich are getting away with murder on tax day. more »

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