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Fraud

The Big Lie Exposed: the Future is Not Predictable

Jeff Schweitzer | Posted 05.25.2011 | Business
Jeff Schweitzer

Choose any famous money manager or Wall Street guru or any billionaire, and I will show you that none has ever done better than chance over time in predicting market movement.

Apology Accepted

Jeff Schweitzer | Posted 05.25.2011 | Politics
Jeff Schweitzer

The cat apparently has Rush Limbaugh's tongue. We hear none of his blather about the "Obama recession" after the market rose nearly 800 points in two days in a vote of confidence.

Alberto Vilar Fraud Conviction Comes After Heated Deliberation

New York Times | DANIEL J. WAKIN | Posted 05.25.2011 | Business

Alberto W. Vilar, the investor and music lover accustomed to opulent living, front-row opera seats and the gratitude of arts impresarios, now faces a ...

America: Get Your Financial Act Together

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

It would be as irrational to allow the Ayatollahs to build bombs as it would be to allow Wall Streeters to run amok again building their weapons of financial mass destruction.

Unauditable

Dina Rasor | Posted 05.25.2011 | Politics
Dina Rasor

It seems like every group has their hand out claiming that they need more money in these bad economic times. As messy as these problems are, there is no bigger mess than the Department of Defense.

My Nigerian Email Scam

Tom McNichol | Posted 05.25.2011 | Business
Tom McNichol

AN URGENT EMAIL TO MY ESTEEMED FRIEND IN NIGERIA Dear MR. HAJIA MARIAM ABACHA, First, 1,000 apologies for not responding to the valued emails you've...

Bachmann Withdraws Pardon Request For Campaign Contributor Tied To $3 Billion Fraud Scheme

St. Cloud Times | Lawrence Schumacher | Posted 05.25.2011 | Politics

U.S. Rep. Michele Bachmann wrote a letter last year recommending a federal pardon for a major campaign contributor who was once convicted of felony mo...

ASBL Recommendations to End Fraud, Abuse, and Loopholes in Federal Small Business Contracting

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

The American Small Business League believes that it does not make sense to create new programs when the existing programs that were designed to direct federal contracts to middle class firms have been corrupted.

Smells Like Republican Schadenfreude

Kamala Lopez | Posted 05.25.2011 | Politics
Kamala Lopez

I feel very very ashamed of what we, as Americans, have come to accept as "all's fair" in this craven fight to win.

AIG Fraud Case: Using the Market To Set Jail Terms

BusinessWeek | Michael Orey | Posted 05.25.2011 | Business

In coming weeks, five former insurance executives, including General Reinsurance ex-CEO Ronald Ferguson, are due to appear in federal court in Hartfor...

Obama and McCain Response To One Question Could Redirect Billions Into Middle Class Economy

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

Mainstream Media Could Save Thousands of Small Businesses With One Question For Obama and McCain Thousands of small businesses around the country co...

Iraq Waste, Fraud Bill Comes To $13 Billion

Washington Post | Dana Hedgpeth | Posted 05.25.2011 | Politics

A former Iraqi official estimated yesterday that more than $13 billion meant for reconstruction projects in Iraq was wasted or stolen through elaborat...

Raffaello Follieri Nears Guilty Plea In Burkle-Related Money Laundering, Fraud

Wall Street Journal | John R. Emshwiller | Posted 05.25.2011 | Business

Raffaello Follieri, the 30-year-old Italian entrepreneur who has attracted attention for business dealings with billionaire Ron Burkle, is near an agr...

Eric Butler, Julian Tzolov Accused Of Securities Fraud, Tzolov Flees Country

New York Times | Jenny Anderson | Posted 05.25.2011 | Business

The broker said the securities were as safe as cash. After all, he claimed, the outfit that issued them, Glacier Education Loan, bought student loans ...

Is Al Franken "Good Enough, Smart Enough?"

Mike Smith | Posted 05.25.2011 | Home
Mike Smith

Franken used his fundraiser in Denver to press his case and harkened back to the legendary Sen. Paul Wellstone. Well, I knew Paul Wellstone. Wellstone was a friend of mine, and Franken is no Wellstone.

New Government Policy Helps Big Businesses Hide in Small Business Database

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

A new Bush Administration policy will make it easier for large businesses to land government small business contracts by misrepresenting themselves as...

Seth Colter Walls

Affirmative Action Ban Likely To Be Stripped From Arizona Ballot, Opponents Say

HuffingtonPost.com | Seth Colter Walls | Posted 05.25.2011 | Politics

On Monday, opponents of an Arizona ballot initiative that would bar public institutions from adopting affirmative action policies filed what observers...

Right-Wing Supreme Court Draws Ire Of Senate Judiciary Committee

Cristóbal Joshua Alex | Posted 05.25.2011 | Home
Cristóbal Joshua Alex

The Supreme Court has shifted dangerously to the right and is now the most pro-business Court since the monopoly greasing "Lochner-era" Court of the late 19th century.

Roxanna Brown: How Can This Happen in America?

Mort Rosenblum | Posted 05.25.2011 | Politics
Mort Rosenblum

However unintended, Roxanna Brown suffered capital punishment without trial because of what appears to be simple identity theft, now so common to our daily lives.

Freddie and Fannie: Republican victims

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

The announcement on Sunday that the Fed and U.S. Treasury will backstop these two financial intermediaries is an entirely predictable, latter-day outcome as a result of cowboy capitalism.

Government Small Business Contracts Went to Fortune 500 Companies

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

Federal investigations clearly show that Fortune 500 corporations are the actual recipients of federal small business contracts, and yet the Bush administration continues to maintain that this is a myth.

Congress To Investigate Iraq Fuel Deal Involving McCain Fundraiser

MSNBC News | Posted 05.25.2011 | Politics

An NBC News exclusive report that ran on msnbc.com about an unusual Pentagon fuel deal has sparked an inquiry by the House Committee on Oversight and ...

Rapture-Ready Evangelicals Impersonate Army Officers -- Bush Administration Gives Organization Members Award

Chris Rodda | Posted 05.25.2011 | Politics
Chris Rodda

I was about to add Marshall Minute to our files as yet another example of a military ministries that exist near about every military installation, when a link on their site caught my eye -- a link to military recommendations.

The Pentagon's Fifteen Billion Dollar Pirate Plunder

Paige Donner | Posted 05.25.2011 | Politics
Paige Donner

(No, this is NOT an Indiana Jones Sequel) Yes, you read that correctly. American taxpayers have paid out $15 Billion U.S. dollars in unaccounted for...

Terrorists On Wall Street

Harry Fuller | Posted 05.25.2011 | Business
Harry Fuller

This is the latest in terror tactics: give me money or I blow my corporation up. The U.S. hasn't been this pathetic since Katrina.