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Business

Wall Street's P.R. Whopper: How Its Big New Lie Can Trigger Another Crisis
Business  (tags: Wall Street, Great Recession, Economic Crisis, Housing Bubble, Mortgage Fraud, Mortgage Crisis, Mortgage Backed Securities )

Brian
- 116 days ago - salon.com
"The real motivation here is to roll back regulations and return to the go-go era where anyone who can fog a mirror can get a loan. We know how that turned out the last time."
Citigroup Nears $7 Billion Settlement: Are Banks Chastened, Post-Crisis?
Business  (tags: society, business, dishonesty, Big BAnks, mortgage crisis, fines, power, money, usa, world, corporate, consumers, corruption, money, news )

Cal
- 191 days ago - csmonitor.com
Many big banks have had to pay billion-dollar fines since 2008 for wrongdoing. The money may have caught banks' attention, but they are still big, powerful, and capable of risky behavior.
Federal Prosecution Of Financial Fraud Falls To 20-Year Low, New Report Shows
Business  (tags: Mortgage Crisis, Justice Department, Securities And Exchange Commission, Congressional Oversight Panel, Federal Prosecutors, Financial Fraud, Financial Fraud Cases, Fraud Cases, Occupy Wall Street, Tarp, Business News )

Judy
- 1169 days ago - huffingtonpost.com
The federal government is on track to file just 1,365 prosecutions for financial institution fraud in fiscal year 2011, according to a new report from a watchdog group. That would be the lowest number of such prosecutions in at least two decades.
Bankers New Tactic: Blame the Victim
Business  (tags: Bank Of America, Brian Moynihan, Foreclosure, Hamp, Home Foreclosures, Jamie Dimon, JPMorgan Chase, Making Home Affordable, Mortgage Crisis, Business News )

Judy
- 1562 days ago - huffingtonpost.com
"We're not evicting people who deserve to stay in their house," Jamie Dimon, JPMorgan Chase CEO, said on a conference call with analysts on the company's 3rd quarter earnings last week. That's right, let the serfs go back to their hovels. Cake anyone?
IBM Offers to Move Laid-Off Workers to India
Business  (tags: H1--B, IBM, corporations, India, IT workers, unions, outsourcing, economy, PNAC, Republicans, Bush, bank failures, mortgage crisis, credit crunch )

Blue
- 2184 days ago - crooksandliars.com
I'm confused...big companies like IBM have insisted there were so few talented IT workers in the U.S., they had to import them from India. And yet now we have so many, we can send them to India! Isn't that funny?
Banker of the Day : Wall Street: "Hands Off Our Entitlements!":
Business  (tags: bankers, wall street, bank failures, greed, corporate corruption, bonuses, mortgage crisis, credit crunch, job losses, lay offs, unemployment, homelessness, starvation, rising food prices )

Blue
- 2186 days ago - correntewire.com
It's time for BANKER OF THE DAY ... until they "get it" ... Getting between a broker and his bonus is like getting between a schnauzer and his lunch bowl. He may not bite you, but you are going to smell his breath.
Banker of the Day : Sky-High Arrogance: Former Citi Citibank CEO Used Corporate Jet For Luxe Family Vacation After $45 Billion B
Business  (tags: Citibank, Citigroup, Sandy Weil, CEOs, bailout, TARP, bank failures, mortgage crisis, bonuses, vacations, corporate jets, overspending, corruption, stockholders, layoffs, investments, foreclosures )

Blue
- 2186 days ago - nypost.com
Just weeks after Citigroup averted total collapse with a $45 billion shot in the arm of taxpayer cash, Sandy Weill, 75, hopped aboard the tanking bank's Bombardier BD 700 Global Expres with his wife and daughter, son-in-law nd grandkids .. TO MEXICO!
AIG's Lords and Lady of the Hunt May Find Themselves Under Attack After Luxury Trip
Business  (tags: AIG, Bailout, Paulson, Bernanke, Bush, Republicans, Neocons, PNAC, bank failures, illegal wars, mortgage crisis, US taxpayers, coverup, corruption, finance, economy )

Blue
- 2296 days ago - nydailynews.com
4 Top AIG Execs flipped U.S. taxpayers the bird by spending $86,000 on a partridge hunt at an English country manor as the feds gave their struggling firm billions to stay afloat.
OBAMA: THE MARKETS PLUNGE AND ALL MCCAIN CAN DO IS STOKE "Anger And Division"
Business  (tags: Barack Obama, John McCain, John Mccain Race Baiting, George Bush. Republicans, Neocons, PNAC, illegal wars, bank failures, mortgage crisis, credit crunch, lies, liars, corruption, coverup, Race Baiting, Wall Street Crisis, Politics News )

Blue
- 2300 days ago - uk.youtube.com
"Even as we face the most serious economic crisis of our time, even as you are worried about keeping your jobs or paying your bills or staying in your homes, my opponent's campaign announced last week that they plan to 'turn the page' on the discussion
GRIM DAY AHEAD as DOW Sinks Over 500 Points in First 5 Minutes of Trading.
Business  (tags: Wall Street, Dow Jones, stock market, economy, Republicans, Bush, mortgage crisis, bank failures )

Blue
- 2301 days ago - money.cnn.com
Stocks likely to get slammed again following a global selloff. Expectations of bailout grow.
Gas, Electricity Cutoffs Soar As Americans Bills Stack Up
Business  (tags: Bad Economy, Bills, Economy, Electricity, Money Saving, Power Bills, Power Cutoffs, Wall Street Crisis, Republicans, Neocons, PNAC, illegal wars, bank fai9lures, credit crisis, mortgage crisis, Business News )

Blue
- 2304 days ago - huffingtonpost.com
Shut-offs have been running 17 percent higher than last year among customers of New York state's major utilities, and 22 percent higher in economically hard-hit Michigan
Fed Pumps Further $630 Billion Into Financial System
Business  (tags: Bush, Bernanke, Paulson, Greenspan, Republicans, Neocons, PNAC, bank failures, mortgage crisis, corruption, coverup, lies, liars, illegal wars, Economy, Federal Reserve, Finance, Wall Street, Wall Street Bailout, Wall Street Crisis, Business News )

Blue
- 2312 days ago - huffingtonpost.com
The Fed increased its existing currency swaps with foreign central banks by $330 billion to $620 billion to make more dollars available worldwide. The Term Auction Facility, the Fed's emergency loan program, will expand by $300 billion to $450 billion.
After Taking Credit For Bailout Bill, Is McCain Campaign Willing To Share Responsibility For Its Failure?
Business  (tags: John McCain, George Bush, Bernanke, Paulson, Neocons, Republicans, PNAC, illegal wars, bank failures, mortgage crisis, BIG OIL, gas prices, food prices, corruption, coverup, Cmapaign 2008 )

Blue
- 2312 days ago - thinkprogress.org
If the McCain campaign was willing to take credit for the success of the bill, does McCain also deserve credit for its failure?
The Monster That Ate Wall Street
Business  (tags: Bush, Bernanke, Paulson, McCain, Gramm. Republicans, Neocons, PNAC, bank failures, mortgage crisis, credit crisis, gas prices, BIG OIL, illegal wars, fiscal irresponsibility, coverup, corruption, campaign 2008 )

Blue
- 2313 days ago - newsweek.com
How 'credit default swaps'--an insurance against bad loans--turned from a smart bet into a killer. Interactive Graphic: Major Players in Economic Crisis
Central Banks Step in as Bail-Out Fears Mount
Business  (tags: Bank of ENgland, European Central Bank, Swiss National Bank, USA Federal Reserve Bank, Bush, Republicans, PNAC, Neocons, illegal wars, bank failures, credit crisis, mortgage crisis, Cmapaign 2008 )

Blue
- 2314 days ago - ft.com
The Bank of England moved to inject longer term cash into money markets as part of a co-ordinated effort with the US Federal Reserve, the European Central Bank and the Swiss National Bank, following the breakdown of talks over a $700bn bail-out for the US
 

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