iOS app Android app

Wall Street Crime

Feds Weighing New Strategy To Crack Down On Wall Street

Reuters | Emily Flitter | Posted 09.16.2013 | Business

By Emily Flitter NEW YORK, July 17 (Reuters) - U.S. federal prosecutors are considering a new strategy for criminally charging Wall St...

Illegal Conduct Is Critical to the Survival of the Securities Industry

Dan Solin | Posted 09.16.2012 | Business
Dan Solin

How ironic that the industry that wants us to trust it with our funds can't manage its own money and is rife with illegal conduct.

Obama and the Rule of Law

Jeff Connaughton | Posted 02.18.2012 | Politics
Jeff Connaughton

Until this president stops calling Wall Street's deleterious actions "not illegal," he's failing to deter -- and therefore effectively encouraging -- future financial fraud.

The "Banker Gangs" Are Still on the Loose, and the Justice Department Still Won't Come Clean

Richard (RJ) Eskow | Posted 02.06.2012 | Politics
Richard (RJ) Eskow

The country deserves action to stop Wall Street crime. If it takes a new team at the Justice Department to make that happen, then the country deserves that too.

Judicial Duplicity: It's Worth Protesting

Michael Santos | Posted 12.24.2011 | Crime
Michael Santos

Citibank admitted to selling mortgage bonds under fraudulent pretenses, but the government goes easy on the mighty banks of Wall Street.

One More SEC/Citigroup Sweetheart Deal -- Five Reasons to Be Outraged

Richard (RJ) Eskow | Posted 12.20.2011 | Business
Richard (RJ) Eskow

The president says he understands the frustration behind the Occupy Wall Street movement. That's nice. But the anger will keep growing as long as the government keeps handing out free passes instead of perp walks to criminal bankers.

Crime in Decline? Not Necessarily

David O. Friedrichs | Posted 08.16.2011 | Business
David O. Friedrichs

We have experienced recent major waves of white-collar crime, and have reason to believe that such crime -- with many devastating consequences -- may well be on the rise.

Wall Street: Guilty As Charged

Richard (RJ) Eskow | Posted 07.16.2011 | Media
Richard (RJ) Eskow

Roger Lowenstein's piece "Wall Street: Not Guilty" is well worth reading, if only as a case study in the moral and logical blindness that's reached epidemic proportions among otherwise reasonable people in influential Washington and Wall Street circles.