Frackademia: The People & Money Behind the EDF Methane Emissions Study

By: Monday September 16, 2013 7:15 pm

A peek behind the curtain show the study’s results – described as “unprecedented” by EDF – may have something to do with the broad spectrum of industry-friendly backers of the report which include several major oil and gas companies, individuals and foundations fully committed to promoting the production and use of fracked gas in the U.S.

 

Explosive Bloomberg Report Details Fed’s Monster Bank Bailouts: $7.77 Trillion

By: Monday November 28, 2011 7:00 am

A report by Bloomberg reveals that the Federal Reserve under Ben Bernanke and Tim Geithner (at the New York Fed) secretly loaned over seven trillions dollars to arguably insolvent banks and financial institutions to keep them afloat, while concealing the scope of the lending from Congress and even member of the Treasury Department charged with allocating TARP bailouts.

The Crooks Trying to Bail Out Alberto Gonzales

By: Friday December 3, 2010 4:50 pm

Let me start by stating that the words “legal” and “trust” don’t belong on a letterhead with Alberto Gonzales’ name blazoned at the top.

But that’s not the most interesting part of the letter soliciting donations for a legal defense fund for AGAG (linked by Main Justice). It’s the number of signers who were deeply embroiled in Bush Administration corruption. Starting, appropriately enough, with Bush himself.

A Tale of Two Paulsons

By: Wednesday April 21, 2010 7:46 am

The Senate Banking Committee released the findings from its investigation of Washington Mutual – the largest S&L and largest bank failure. My research specialty is “control fraud.” These are frauds led by those that control seemingly legitimate entities and use them as a “weapon” to defraud. Financial control frauds’ “weapon of choice” is accounting. Lenders optimize accounting fraud by following a four-part recipe:

Extreme growth
Making bad loans at high interest rates
Extreme leverage
Trivial loss reserves

An Invitation to the Tea Parties to Join the Fight

By: Wednesday January 13, 2010 8:57 am

I’m going to be so bold as to say they can work with us. And we can work with them. But they have to do something first — prove they are not tools of the wealthiest and most powerful people in the country. Fight the banks!

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