The 2008 financial crash was accompanied by a stunning level of greed and disregard for the law by some of the leading titans of the financial industry. As a result, millions of people lost homes, retirement savings or were otherwise financially devastated. more »
The Obama administration’s investigation of major international banks for manipulation of the “London interbank offered rate,” or Libor, has been in the headlines lately, and that’s good news. The banks’ actions have cost savers and investors dearly; shaken anew confidence in our financial markets, and revealed once again pervasive corruption within our banking system. more »
Last week the Republicans gathered under the hurricane skies of approaching autumn, their convocation punctuated by thunder and underlined by rain. But there are storm clouds over Charlotte, too: clouds of cynicism and despair, clouds of joblessness and fear, clouds charged with the ionized smell of burning hope and dying dreams. more »
When we turned on the TV to watch the Republican Convention this evening we saw what appeared to be a hyperactive GOP advance man gesticulating from the stage. But he wasn't barking out canvassing instructions to local ward heelers or scouting Holiday Inns to find the one with the best lines of sight to the podium.
Their opponents shouldn't be too quick to call Republicans "crazy." It makes more sense to employ that time-honored investigative principle: Follow the money. Sure, they've said crazy things -- in their speeches and in their official platform. But crazy? more »
Where can we find one of those "new ideas" we keep hearing about, the ones that the supposedly "serious" Paul Ryan brings to the Presidential ticket? Not in their plan to turn us into a nation without Medicare. That idea isn't any newer than the song stylings of Patti Page, who was popular in pre-Medicare America with records like "How Much Is That Doggie In the Window?" more »
The presence of scandal-ridden accounting firms on Mitt Romney's fundraising list got me to thinking: What do they expect to get for their money? And why does the accounting profession seem to be so riddled with corruption? And it reminded me of something that happened years ago. more »
The presence of scandal-ridden accounting firms on Mitt Romney's fundraising list got me to thinking: What do they expect to get for their money? And why does the accounting profession seem to be so riddled with corruption? And it reminded me of something that happened years ago. more »
Mitt Romney (or someone) writes (or writes for him) in Murdoch/Al-Waleed's Wall Street Journal, that lessons he learned at Bain Capital will help him turn the country around if he is elected President. Is he right? more »
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