All of our financial elites are Oh! So Innocent! Eric Holder and Barack Obama agree.

In news that will not surprise you in the least — but will put you off your breakfast — Countrywide CEO Angelo Mozilo will not be charged.

The FCC allowing AT&T and friends to write the new rules for Internet access recalls what happened when California handed the pen to Enron and friends in writing rules for electricity markets. Deja vu all over again

Watching the MOTUs as their financial services universe shakes and shudders around them reminds me of the five stages of death and dying. There’s lots of denial and anger coming out of the MOTUs, and hints of bargaining, but little sign of depression and acceptance. But it’ll come . . .

Texas energy companies stuck it to California a decade ago, and now they’re coming back again to try to derail California’s law on greenhouse gas emissions.

Strict constitutionalists or not, you gotta think that for the guys who overturned the popular vote in Bush v. Gore — and have since followed that up by determining that the 1st Amendment right to free speech should be weighted by how much money you have in Citizens United, among other atrocities — the last thing in the world they’d want would be an established legal right of the public to “honest services.”

With all the concern about the oil disaster in the Gulf of Mexico, I thought it would be helpful to put the corporate citizenship of BP, Transocean, and Halliburton into perspective. This isn’t the first disaster with corporate sponsorship, after all.

Without rate regulation, without anti-trust enforcement, without a viable public option as escape hatch, without a credible theory of competition, and with virtually no constraints on the industry’s ability to control the Congress and the White House, there is no way consumers can win in the new health insurance markets. We can only wonder about how the next crisis will unfold.

Following up on its activist behavior in going out of its way to hear and decide on the Citizens United case, our radically conservative Supreme Court will hear arguments on Monday in the third of a series of cases involving the concept of “honest services” as it appears in fraud statutes.