First, the English football team is – perennially – the most overrated team in the world.
Under U.S. Attorney Ben Wagner’s leadership the Eastern District of California has begun targeting immigrants of Russian descent for mortgage fraud prosecutions.
The “no” campaign against independence has reached the stage of endgame panic that leads to desperately throwing charges and publicity stunts at what the polls indicate are increasing support for independence among Scots.
The reasons advanced for voting against Scottish independence by business interest are false. Indeed, the opposite of what they claim is far more likely to be true.
Floyd Norris, who I once respected, has written an interesting column titled “In China, Detecting Fraud Riskier Than Doing It.” Norris states that China’s hostility to those who expose fraud is so unusual that it is worthy of a column: “It can be very risky to do things in China that are taken for granted in other countries.”
The WSJ rant demands that we bestow the thanks of a grateful nation to the banks and banksters that committed the frauds.
In this first of several columns responding to the WSJ rant I discuss its failed literary allusions and tie these failures to some of the WSJ’s analytical and factual errors that render their rant risible.
The third omission from Attorney General Eric Holder’s press conference announcing the settlement with Citigroup of civil charges was the words “criminal” and “indictment.” Thew
The second omission in Attorney General Eric Holder’s press conference about the settlement with Citi was “Thank you Fed and OCC.”
Cochrane’s column ignores the paramount role that the three epidemics of “accounting control fraud” played in hyper-inflating the bubble and causing the financial crisis