Deutsche Defies DoJ, Says It Won’t Pay Anything Near $14 Billion in Mortgage Settlement
Deutsche has launched a media war against the DoJ.
Read more...Category Archives: Politics
DoJ Asks Deutsche Bank to Pay $14 Billion in Mortgage Settlement
The Obama Administration is trying to wrap up long-overdue mortgage-related cases, with Deutsche and possibly then other foreign banks.
Read more...The City Will Decline—and We Will Be the Poorer for It
What might Brexit-induced losses to the City cost the UK economy?
Read more...Satyajit Das: The Business of Politics
Do business leaders make good political leaders?
Read more...Wells Fargo CEO John Stumpf Blames Nasty, Scheming Employees for Fake Accounts Scandal
If Stumpf were captain of the Titanic, not only would the crash be the iceberg’s fault, but he’d also get the first seat on the lifeboat
Read more...John Helmer: Did Hillary Clinton Take Money From Russia Oligarch Oleg Deripaska for a Favor in the General Motors-Opel Deal?
The curious tale of a Russian’s oligarch’s donation to the Clinton Foundation and his failed attempt to make an acquisition from General Motors.
Read more...Wells Fargo Exec Who Oversaw Fake Accounts Received $125 Million Upon Recent Retirement, Praise from CEO; Senate Hearings Next Week
The Wells Fargo “fake accounts” scandal gets uglier.
Read more...The Charade That Deters the Use of “Direct Spending” to Fund Federal Operations
Why do so many people recoil at the idea that Federal spending does not depend on taxation?
Read more...Doing Time: Prison, Law Schools, and the Membership of the US Supreme Court
Current selection of Supreme Court justices hinges heavily on identity politics. More attention should be paid to diversity of experience.
Read more...Greg Palast’s New Film Exposes How Republican Oligarchs Are Crusading to Stop People of Color and the Poor from Voting
Voting is corrupted, with scheming operatives now vying to steal and sabotage presidential elections using the darkest of political arts.
Read more...Michael Hoexter: Living in the Web of Soft Climate Denial
A long road is ahead for humanity in adjusting to our new circumstances but we must now act at times before we are comfortable doing so. Such is the nature of our climate emergency.
Read more...Wells Fargo Fined $185 Million for Opening Phony Customer Accounts, Charging Fees Without Consent; Executives Go Scot Free
Wells Fargo executives make a clean getaway despite the bank engaging in large-scale, systematic consumer fraud.
Read more...Japan Isn’t Playing Neoliberalism’s Word Games
Has the progressive left in western democracies forgotten how to embrace the mainstream? When I compare the approach which anti-neoliberal causes take in the U.S. and Europe with the approach taken by the same causes in Asian countries, especially Japan, I can only say yes, it has. One explanation for how pro-labor movements have been […]
Read more...Is Fiscal Policy for Prosperity Back in Place of Austerity?
Austerity appears to be quietly going out of fashion.
Read more...The (Bill) Clinton Team’s Secret Meeting on CEO Compensation
CEO compensation as social engineering and class warfare, as revealed by Robert Reich.
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