The bottom line is that Norris continues to be an apologist for the worst banksters,
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.”
Montebourg proved the truth of the proverb that warns that it is dangerous to be correct when those in power are desperately wrong.
The WSJ rant demands that we bestow the thanks of a grateful nation to the banks and banksters that committed the frauds.
One of the great lies of the financial industry is that it is the engine of Main Street’s growth. Giving the finance industry an enormous share of total business profits was supposed to super charge Main Street’s growth. It has never delivered on this promise. The truth is the opposite.
When Sam Brownback was a Senator he carried water for the sleaziest of auto lenders – the subprime lenders that specialize in making “liar’s” loans. His successful mission was to carve out an exemption from the Dodd-Frank bill’s protection for borrowers.
On August 13, 2014, the International New York Times printed an op ed by Beppe Severgnini attacking Matteo Renzi, Italy’s Prime Minister. Severgnini offered readers this classic question and answer.
Under the banner “Latin America News” the Wall Street Journal has poured out its pain that the people of Ecuador might reelect President Rafael Correa.
In researching my series of articles on the critical omissions in Attorney General Eric Holder’s press release about the settlement with Citi I realized that I need to write multiple articles about the destructive role played by Benjamin Wagner.
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