It’s truly amazing how many stories involving whistle-blowers have come out during the last few months of the Obama Administration. First there was Greg Smith’s op-ed in the New York Times condemning the culture of greed that has enveloped Goldman Sachs which has clearly rocked the establishment. Then there was the somewhat questionable anonymous writer […]
Tag Archives: Banks
Judge Stands Up For the People and Everyone Complains
Judge Jed Rakoff is probably one of the few honest judges we have left. He recently refused to accept an SEC settlement with Citigroup in which they sold mortgages and then bet against them, saying that the $95 million they were asked to pay was “pocket change” and required no admission of guilt. “If the […]
Lobbying Firm’s Memo on Plan to Undermine Occupy Wall Street
We’ve known for some time now that the financial services industry has been “livid” with Democrats who’ve tacitly supported the Occupy Wall Street protesters. Politico reported last month: Banking executives personally called the offices of DCCC Chairman Steve Israel (D-N.Y.) and DCCC Finance Chairman Joe Crowley (D-N.Y.) last week demanding answers, three financial services […]
The Secret Conception of the European Super State
The UK’s Telegraph reported yesterday on the leak of a German memo in which the economic powerhouse intends to create a new “super state,” whereby they will be able to control the economies of European nations. So much for national sovereignty. This is the kind of arrangement that only a few years ago would have […]