Tag Archives: Wall Street

Terminating Bailouts for Taxpayer Fairness Act of 2013 Act

This could be a giant leap for fairness, according to Matt Taibbi over at Rolling Stone: Now, it looks like we’re headed for a real legislative confrontation. And man, is the finance sector freaking. Last week, on April 24th, Democratic … Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading

Posted in Ethics, Justice | Tagged , , | 4 Comments

Mission to Mars

Artist – Dave Granlund In other news, U.S. stocks closed today at their second highest level ever and the highest point since 2007. A new all time record high could come any day. If Wall Street doesn’t care about sequestration, … Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading

Posted in Economy, Open Thread | Tagged , , , | 2 Comments

More on the DOJ’s $5 Billion Lawsuit

Bloomberg has more details on the Justice Department’s $5 billion lawsuit against Standard and Poor’s. Federally insured Citigroup’s Citibank unit bought into what was supposed to be the safest portion of the CDO, relying in part on S&P’s assessment of … Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading
Continue reading

Posted in Justice | Tagged , , | 1 Comment

Player

Artist – David Fitzsimmons In other news, New Mexico Attorney General Gary King launched an investigation today into local Republican officials for possibly giving volunteer poll watchers false information about state election law. “We have received a number of complaints … Continue reading

Posted in Open Thread | Tagged , , , , , , , , | 1 Comment

Look At All This Socialist Redistribution

According to Forbes magazine, growth in the net worth of the wealthiest Americans “far outpaced” the rest of the economy over the past year. (Reuters) – The net worth of the richest Americans grew by 13 percent in the past … Continue reading

Posted in Economy | Tagged , , , | 7 Comments

Abandon Ship!

Former Romney campaign co-chair Tim Pawlenty obviously has a bad case of Romney fever. Former Minnesota Governor Tim Pawlenty announced Thursday morning that he would step down as co-chair of Mitt Romney’s campaign to become the head of the Financial … Continue reading

Posted in Election 2012 | Tagged , , , | 1 Comment

How Mitt Romney Screwed Taxpayers When Bain & Co. Received a Federal Bailout

Rolling Stone has an excellent, illuminating article out today on the federal bailout Mitt Romney obtained when he supposedly “rescued” Bain & Co. According to documents obtained by Rolling Stone, Mitt Romney screwed taxpayers out of at least $10 million … Continue reading

Posted in Lying Liars | Tagged , , , , , | 4 Comments

I Kinda Sorta Approve This Message

Artist – John Cole In other news, New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen subpoenaed JP Morgan Chase, Barclays, and UBS today in connection with their possible involvement in the LIBOR rate-fixing scandal. But, I … Continue reading

Posted in Open Thread | Tagged , , , , | 2 Comments

Financial Subterfuge

Artist – David Fitzsimmons In other news, Armet Armored Vehicles was indicted by the Department of Justice today for major fraud, wire fraud, and making fraudulent claims for knowingly delivering inadequate armored vehicles to the state department in Iraq in … Continue reading

Posted in Open Thread | Tagged , , , , | Leave a comment

Like A Business

Artist – Jimmy Margulies In other news, the NRA is now threatening to score the senate vote on the Disclose Act to see who’s been naughty or nice. Those who vote for the act may see retaliation in their districts.

Posted in Open Thread | Tagged , , , | Leave a comment