Wall Street Prosecutions

Obama's Populism and the Ghost of Teddy Roosevelt

Richard (RJ) Eskow | Posted 02.05.2012

Read More: Robert Rubin, Citigroup, Wall Street Prosecutions, Teddy Roosevelt, Larry Summers, Peter Oszag, Barack Obama, Bank Criminality, Politics News
Richard (RJ) Eskow

This morning Barack Obama channeled one of American history's truly transformative figures by visiting the tiny Kansas town where Teddy Roosevelt gave his "New Nationalism" speech over a century ago.

Read Post

Bipartisan Senators Indict Wall Street, Media Yawns. Six Guys Push Stale Deficit Hype, Media Goes Wild

Richard (RJ) Eskow | Posted 06.18.2011

Read More: Scott Brown, John McCain, Gretchen Morgenson, Wall Street Prosecutions, Rand Paul, Dick Durbin, Gang of Six, Justice Department, Carl Levin, Columbia Journalism Review, Lloyd Blankfein, Media News
Richard (RJ) Eskow

It should have been the lead story from coast to coast: A bipartisan panel of senators released a damning report that slammed bankers, regulators and ratings agencies. Yet the media responded with a collective yawn.

Read Post

Sam Stein

White House Chief Of Staff Pressed About Lack Of Jail Time For Wall Street Culprits

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: White House, Politics, Charles Ferguson Inside Job, Wall Street Prosecutions, Wall Street Daley, Obama Wall Street, Wall Street, Daley Obama, Inside Job, Charles Ferguson Speech, Bill Daley, Bill Daley Jail Time, US News, Video, Politics News

WASHINGTON -- White House Chief of Staff Bill Daley declined on Sunday to bring the president into the debate over why no major player in the collapse...

Read Whole Story

Shahien Nasiripour

Financial Crisis Prosecutions On Wall Street Slow To Develop Despite Cries For Justice

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Fraud, Wall Street Prosecutions, Wall Street Crisis, Obama Wall Street, Wall Street, Financial Crime, Financial Crisis, Business News

NEW YORK -- After the last major banking crisis, some two decades ago, roughly 3,800 bankers were prosecuted and sentenced to prison terms, by the Jus...

Read Whole Story

Handcuffs for Wall Street, Not Happy-Talk

Zach Carter | Posted 05.25.2011

Read More: Citi, Sec, Recovery, Occ, Blankfein, Washington Mutual, Wall Street Prosecutions, Economy, Jobs, Obama, Wamu, Fraud, Financial Fraud, Ots, Goldman Sachs, Merrill Lynch, Abacus, Wall Street, Chrystia Freeland, Lehman Brothers, Citibank, Washington Post, Indymac, Wall Street Fraud, Business News
Zach Carter

When you steal a lot of money, you go to jail. Obama doesn't just need tough talk for Wall Street, he needs to prosecute the frauds that were committed, and explain them to the American people.

Read Post

Where Are the Prosecutions? SEC Lets Citi Execs Go Free After $40 Billion Subprime Lie

Zach Carter | Posted 05.25.2011

Read More: Citi, Sec, Wall Street Prosecutions, Financial Crisis Inquiry Commission, Bailouts, Doj, Wall Street Crisis, Money Laundering, Wachovia Drug Money, Citi Subprime, Wachovia, Financial Fraud, Bank of America, Wall Street Reform, Lehman Brothers, Angelides, Fcic, Bofa, Rubin, Subprime, Drug Money, Wachovia Money Laundering, Bonuses, Bank Bailout, Wall Street Bailout, Crittenden, Business News
Zach Carter

What is the penalty for bankers who tell $40 billion lies? Somewhere between nothing and a rounding-error on your bonus.

Read Post

Wall Street Reform: Five Key Fights After the Bill Is Signed

Zach Carter | Posted 05.25.2011

Read More: Wall Street Prosecutions, Derivatives, Financial Transactions Tax, Financial Reform, Obama, Break Up the Banks, Fraud, Financial Fraud, Aig, Wall Street Reform, Tbtf, Wall Street, Financial Crisis, Too Big to Fail, Finreg, Glass-Steagall, Obama Wall Street Reform, Business News
Zach Carter

The Wall Street bill has much to be said for it, but the unfortunate truth is that it ducks several of the most critical reforms needed to protect our economy from banker abuse.

Read Post