Imagine if the New York Times and the Wall Street Journal were to do an “unsparing” investigation into banking fraud – and into Attorney General Eric Holder’s refusal to prosecute.
The odious New York Times “brand” (DealBook) managed in its lead sentence to show that how complete its pro-CEO banker bias is and how that bias prevents it from getting even the most basic aspects of our recurrent crises correct.
when Citi unleashed its thuggish senior officers to attack Hunt they hit her like a log hits a buzz saw.
FCIC provided a prominent and early focus on mortgage fraud. But it didn’t live up to its billing.
There is something particularly disgusting about Holder’s hypocrisy.
The financial crisis was driven by history’s three most destructive epidemics of financial fraud: appraisal fraud, liar’s loans, and the sale of fraudulently originated mortgages to the secondary market through fraudulent reps and warranties.
Sometimes the fates conspire to bring together two stories that when considered together bring that lightbulb moment.
The SEC Chair, Mary Jo White, needs to read it and walk to Bowden’s office and tell him she needs his resignation letter on her desk by noon or she will terminate his employment.
President Obama would have requested his resignation five years ago if he were upset at Holder’s grant of de facto immunity to our most destructive elite white-collar criminals.
The numbers in the EU’s supposed “investment plan” are a grossly inflated public relations effort. At first blush, the plan is simply a way of subsidizing huge, private firms to increase their profits. When we look more closely we can see it is actually malignant.
