Yesterday the Justice Department announced a $13 billion settlement with JPMorgan over the megabank’s fraud in the mortgage backed security market that helped trigger a financial meltdown in 2008. The deal was completed after JPMorgan CEO Jamie Dimon summoned Attorney General Holder to a private meeting to avoid a press conference, the terms discussed at that meeting would later be finalized into the current settlement agreement.
|By: DSWright Wednesday November 20, 2013 11:58 am|
|By: Attaturk Thursday November 14, 2013 1:30 am|
Maybe while we pat ourselves on the back about how “human rightsy” we are, we could look at a few ugly truths at home too.
|By: Jcoleman Wednesday October 23, 2013 5:46 pm|
North Dakota, long known for its cattle ranches and open spaces, has recently become one of the oil and gas industry’s most prized (and profitable) possessions, thanks to the advent of fracking. However, the price of oil and gas industry development is paid in destruction to the environment and strains to the regulatory framework meant to protect the public from a reckless industry, as Tesoro’s massive oil spill attests.
|By: masaccio Saturday June 29, 2013 10:30 am|
Apparently the CFTC can’t prove something something about MF Global and crimes or there were none or something something. It’s all very confusing.
|By: DSWright Monday June 24, 2013 9:00 am|
As Wall Street alumni Attorney General Eric Holder and Criminal Division head Lanny Breuer slept, private law firms took Wall Street to court. Through the lawsuits filed we have learned that the rating agencies, Moody’s and S&P, were well aware that what they were rating as extremely safe investments were in reality financial ticking time bombs. From Matt Taibbi:
|By: Pam Spaulding Friday June 21, 2013 11:30 am|
This is madness. I haven’t posted a Taser piece in a while, but this abuse of the “non-lethal” shock device is outrageous. Since when is an unarmed, naked child on the side of the road a threat to a law enforcement officer? This occurred in Ashland, Oregon, where motorist Adam Bednar saw her wandering at 4 AM.
|By: DSWright Wednesday June 19, 2013 9:20 am|
In what could become a precedent-setting legal battle, a Florida judge has ordered that the NSA provide the court with phone records of a man accused of armed robbery. What does this case have to do with national security? Absolutely nothing, but the records exist and could exonerate the man.
|By: DSWright Monday June 17, 2013 10:20 am|
Chicago has experienced one of its bloodiest weekends yet under “Murder Mayor” Rahm Emanuel with 46 people shot and at least 7 dead. Questions are now being raised as to whether Emanuel can govern the city.
|By: DSWright Friday June 14, 2013 1:09 pm|
In case you forgot your bankster overlords – free of fear thanks to Obama, Holder, and the NSA – are continuing to rig markets, here is yet another scandal. Wall Street has gone beyond rigging LIBOR, Swaps, and the Oil market to include the currency market.
|By: Pam Spaulding Monday May 27, 2013 11:15 am|
In the past week NYC has been rocked by a few incidents of hideous violent attacks against gays and transgender residents. There have been shootings assaults outside gay bars and a brutal killing of Mark Carson in another shooting in the Village.
Michelangelo Signorile, who also points out the unending violence against transgender residents that goes under-reported in the media: