Hoisted From Comments: First Cut at Perps in Massive Wells Fargo Consumer Fraud
More evidence that regulators had no excuse for not naming, shaming, and at least fining key Wells Fargo execs in its massive consumer fraud.
Read more...Category Archives: Ridiculously obvious scams
Gig Economy Disaster: ‘Uber For Laundry’ Hung Workers Out to Dry and Now It’s Out of Business
Another innovative gig economy startup bites the dust.
Read more...Deutsche Bank and a $10Bn Money Laundering Nightmare: More Context Than You Can Shake a Stick at
Deutsche Bank’s $10Bn: the shell company back story
Read more...Liberty Reserve, Bitcoin, and the US Bank Regulatory Dog That Didn’t Bark
How a toothless US watchdog, FinCEN, has largely ignored money laundering via Bitcoin and other digital currencies.
Read more...The Real Scandal of Clinton’s Emails: Conducting Foreign Policy In Secret
A revealing effort to acknowledge that the Clintons are corrupt but contend that it doesn’t matter much because the system is rotten.
Read more...Revealed: ECB Secretly Hands Cash to Select Corporations
Is the ECB’s latest bond-buying program creating corporate winners and losers?
Read more...What Can We Do to End the Isolation of Whistleblowers?
It would be sad if the answer turned out to be “nothing”!
Read more...Tom Miller Pens Love Letter to Settlements with Financial Fraudsters
You could spread around a lot of blame for the current state of our two-tiered system of justice and lack of accountability, particularly as it relates to the financial sector. But if you wanted to find the most pathetic figure involved in that whole rigamarole, all roads lead to Iowa Attorney General Tom Miller.
Read more...Big Wall Street Firms Make Lame Excuse for Volcker Rule Non-Compliance, Ask for Additional Five Year Extension
Big Wall Street firms like Goldman and Morgan Stanley offer “dog ate my homework” excuses for failure to comply with the Volcker Rule.
Read more...Bill Black: Thomas Friedman’s Big Idea for Hillary – Embrace Wall Street and Deregulation
Help us, Tom Friedman is at it again…
Read more...How Much Do Shady Financial Practices Cost You, Exactly?
The average U.S. household loses over $100,000 to destructives activities of bankers and financiers
Read more...Study: Top Bank Execs Saw the Crisis Coming and Sold Their Company’s Shares
So much for the “whcouddanode” theory of the crisis.
Read more...Dodgy New Zealand Companies: Mapping Their Global Footprint Since 2009
New Zealand’s scam companies: a map of their global footprint
Read more...How California Targets Poor People of Color for Profit
California cities take a page from the Ferguson playbook: targeting poor minority group members people for fines, in this case traffic fines.
Read more...Louis Proyect: Misusing German History to Scare Up Votes for Hillary Clinton
Distorting German history so as not just to equate Trump to Hitler but also to equate the left with Weimar socialists.
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