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Wall Street Corruption

Wall Street's War

Richard (RJ) Eskow | Posted 03.23.2014 | Politics
Richard (RJ) Eskow

Wall Street bankers made extraordinary sums of money through fraud, without being held accountable for the crimes that enriched them. Their values are polluted and their ethics are tainted. Justice has yet to be served, and the public has yet be adequately protected through regulation and oversight.

Green Light for City-owned San Francisco Bank

Ellen Brown | Posted 07.31.2013 | San Francisco
Ellen Brown

The question is, do taxpayers want to have their public monies in a bank that has been proven to be defrauding them?

Woody Allen's New Film "Blue Jasmine": Blanche on Xanax

Karin Badt | Posted 09.24.2013 | Entertainment
Karin Badt

Woody Allen's new film Blue Jasmine is a harsh contemporary remake of A Streetcar Named Desire, with Cate Blanchett playing the Blanche role (Jasmine...

Disturbing Share Of Young Wall St. Workers Admit They Would Insider Trade

The Huffington Post | Jillian Berman | Posted 07.16.2013 | Business

For a large share of young Wall Street workers, the pursuit of a buck is of utmost importance. For this group, it's possible that the only thing stopp...

The Federal Government's Ongoing Struggle to Enforce Banking Reforms

Susie J. Pak | Posted 08.11.2013 | Business
Susie J. Pak

As the regulations created by Dodd-Frank are chipped away, many are asking why the federal government is unable to enforce banking reforms even after the worst financial crisis since the Great Depression.

A Pathological Moral Environment

Mike Lux | Posted 07.07.2013 | Politics
Mike Lux

If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.

How Wall Street Scams Counties Into Bankruptcy

Bloomberg View | William D. Cohan | Posted 07.02.2012 | Business

Bloomberg View: Lord knows we’ve had more than enough scandals ginned up by Wall Street over the years, and the message that banking executives p...

How Financial Criminalization Crashed Economy, Goes Unpunished

Charles Ferguson | Posted 07.22.2012 | Business
Charles Ferguson

It is no exaggeration to say that since the 1980s, much of the financial sector has become criminalized, creating an industry culture that tolerates or even encourages systematic fraud.

Obama vs. Speculators

Stephen Herrington | Posted 06.19.2012 | Business
Stephen Herrington

Honest consumers, both businesses and individuals, it seems are perfect rubes to be ripped off by the unscrupulous members of Wall Street.

The Difference Between Private and Public Morality

Robert Reich | Posted 05.14.2012 | Politics
Robert Reich

There is moral rot in America but it's not found in the private behavior of ordinary people. It's located in the public behavior of people who control our economy and are turning our democracy into a financial slush pump.

No Wall Street Guys Go To Jail? Jerry Byrne Did. And Wrote A Book.

Jesse Kornbluth | Posted 09.20.2011 | Books
Jesse Kornbluth

Jerry Byrne is the rare Wall Streeter who has gone to jail, and went there for a crime that involved less money than Lloyd Blankfein's chopper bill.

Lila Shapiro

Rajaratnam Conviction Serves As Powerful Warning Shot On Wall Street | Lila Shapiro | Posted 07.11.2011 | Business

NEW YORK -- The conviction of billionaire hedge fund manger Raj Rajaratnam on all 14 counts in a sprawling, unprecedented insider trading case will se...

Issa the Inquisitor Goes to Hollywood

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

It's certainly ironic that Issa's first act as head of the committee that investigates misuse of government funds seems to have been... to misuse government funds.

Financial Crisis: Why Are So Few Culprits Are In Jail?

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Business

WASHINGTON -- More than a year into the gravest financial crisis since the Great Depression, millions of Americans have seen their home values and ret...

Judges Punish Wall Street as Regulators Just Talk About Reform

Bloomberg | Posted 05.25.2011 | New York

As the White House and Congress debate how to regulate financial firms to avoid another economic crisis, judges have assumed the point position in pun...