September 28, 2012

Anyone who’s watched the too-big-to-fail banks get even bigger on President Obama’s watch knows that Wall Street calls the shots in Washington, D.C. Less clear is the role of Obama, whose only memorable effort at financial reform was some yipping about “fat cat” bankers three years ago.

This week Sheila Bair clarified Obama’s status as a purely titular executive, reminding us that the real boss is Tim Geithner, whom she describes as the “Bailouter-in-Chief” in her new book, “Bull by the Horns.”

July 18, 2012

--by George Washington

Here are some recent improprieties by the big banks:

July 16, 2012

The following sequence of events shines a bright light on the outright sham of forward-looking regulatory measures, which being used (1) instead of backward-looking criminal prosecutions (2) in order to sweep crimes under the rug to protect criminal looters.

July 11, 2012

--by John Titus

Yesterday was like any other in post-Bailout America. A corporate tool lied to the public about his handlers’ scheme to rip off everyone in sight with increased prices, while also eliminating thousands of local jobs.

But yesterday was at the same time very unusual because this particular tool, James Rogers, is the CEO of the nation’s largest electric utility, Duke Energy—the spanking new corporate spawn of Progress Energy and… Duke Energy.

July 11, 2012

--by John Titus

Yesterday was like any other in post-Bailout America. A corporate tool lied to the public about his handlers’ scheme to rip off everyone in sight with increased prices, while also eliminating thousands of local jobs.

But yesterday was at the same time very unusual because this particular tool, James Rogers, is the CEO of the nation’s largest electric utility, Duke Energy—the spanking new corporate spawn of Progress Energy and… Duke Energy.

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