The only people who have to worry about the federal government prosecutors are insider traders trying to steal a few million bucks.
|By: masaccio Saturday April 21, 2012 4:00 pm|
The Great Crash posed one question for this country: who would bear the losses? Would it be the banks that caused the problems? The officers, directors and shareholders of those banks? Their careless counterparties? The investors who bought the fraudulent real estate mortgage-backed securities and the complex spin-offs? The owners of capital who threw money into hedge funds and other exotic investments expecting a geyser of money in return?
|By: Jonathan Hafetz Saturday October 29, 2011 1:59 pm|
The United States was founded on the principle that no individual is above the law. We are, as John Adams said, “a nation of laws, not men.” But that principle is under assault, as Glenn Greenwald explains in his powerful new book, With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful.
|By: David Swanson Thursday September 1, 2011 11:30 am|
Sigmund Freud once mentioned the defense offered by a man who was accused by his neighbor of having returned a kettle in a damaged condition. In the first place, he had returned the kettle undamaged; in the second place it already had holes in it when he borrowed it; and in the third place, he had never borrowed it at all.
That man’s name?