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Savings and Loan Scandal

Reagan Would Be 102 -- and Against Obama's Drone Policy

Will Bunch | Posted 04.09.2013 | Politics
Will Bunch

Reagan, indefatigable Cold Warrior and conservative advocate for American strength, did not believe in torture, rendition, military tribunals, or in military strikes with a high risk of killing innocent civilians.

Ronald Reagan Is Not George Washington

The Message | Posted 09.17.2012 | Politics
The Message

2012-07-18-Screenshot20120718at12.04.14PM.jpgIs Ronald Reagan really worthy of the hero-worship that Mitt Romney and other Republicans have indulged in? Not so fast.

The Silver Anniversary of the "Keating Five" Meeting - Speaking Truth to Power

William K. Black | Posted 06.09.2012 | Business
William K. Black

Today is the 25th anniversary of an infamous savings and loan fraud, the use of five senators to escape sanction for a massive violation of the law. I call on President Obama to recognize the hero of this by appointing financial regulator Michael Patriarca as head of the Office of the Comptroller of the Currency.

2011 Will Bring More de Facto Decriminalization of Elite Financial Fraud

William K. Black | Posted 05.25.2011 | Business
William K. Black

The FBI and the DOJ remain unlikely to prosecute the elite bank officers that ran the enormous "accounting control frauds" that drove the financial crisis.

An Electorate Angry -- At Whom?

Calvin F. Exoo | Posted 05.25.2011 | Business
Calvin F. Exoo

The real Mr. Big responsible for the economic and ecological catastrophes that currently beset us is, as usual, in hiding. But a peek at previous man-made disasters will begin to reveal his rap sheet.

Alan Greenspan's Financial History for Lobotomy Victims

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Rejecting the capitalist values of choice and personal accountability, Greenspan filters history through an intellectual construct where no one -- most notably Alan Greenspan -- ever takes the blame.

Washington's Bipartisan Betrayal: The 2015 Global Financial Crisis

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

The economy did not just have a heart attack; we are suffering from financial appendicitis. Instead of doing the necessary surgery, Congress is prescribing potent addictive painkillers.

To "Americans for Prosperity" Capitalism Is a Love Story

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.

The Banking Crisis, S&Ls, Virginia and McAuliffe

Mike Stark | Posted 05.25.2011 | Politics
Mike Stark

Everything that was bad about democratic politics at the national level in the '80s and '90s was exemplified by Terry McAuliffe's leadership.

Bipartisanship is Overrated

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

What the pundits fail to mention is the fact that some of the worst policies the United States government has enacted over the past forty years have been "bipartisan."

A Nation of Village Idiots

James Moore | Posted 05.25.2011 | Business
James Moore

Don't let them tell you this economic meltdown is a complicated mess. It's not. Our national financial crisis is readily understood by anyone who has seen greed and hypocrisy.

The Olympics of the Swindles

Rep. Major R. Owens | Posted 05.25.2011 | Business
Rep. Major R. Owens

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.