“They violated every goddamn law in the book,” says Jack Blum, an attorney and former Senate investigator who headed a major bribery investigation against Lockheed in the 1970s that led to the passage of the Foreign Corrupt Practices Act. “They took every imaginable form of illegal and illicit business.” – Gangster Bankers Too Big to [...]
Tag Archives | Consumer Financial Protection Bureau
Elizabeth Warren Once Again Calls for Accountability, Starting with Jamie Dimon
“The guy in the street in 2008 and 2009 was worried about his or her deposits, and now it’s clear they should still be worried,” said Charles Geisst, a Wall Street historian and professor at Manhattan College. “An average person looks at this and thinks, ‘What exactly happened here? How could this happen again?’ And [...]
The Buffet Rule Disguised as ‘Romney Rule’ for Reelection
Of course it’s popular. From CBS: In asking the question, Gallup did not actually use the term “Buffett Rule.” Here’s how the question was asked: “Would you favor or oppose Congress passing a new law that would require households earning $1 million a year or more to pay a minimum of 30 percent of their [...]
The Recess Appointment that Should Have Been Elizabeth Warren
Elizabeth Warren explains above, back in 2010, what the consumer bureau she envisioned will do. Considering Pres. Obama was forced to make a recess appointment in the end anyway, everyone should realize that it just as easily could have been Elizabeth Warren. There’s simply no other analysis that’s relevant today or more fully reveals Pres. [...]
Steve Rattner Reveals Obama Administration’s View of Elizabeth Warrren
Going back to 2006, my opinion of Steve Rattner is on the record (cross-posted at Huffington Post at the time), because he’s part of the problem with the Democratic Party. He was a Lieberman Democrat as well. Rattner’s also a big favorite of the “Morning Joe” team. Today Mr. Rattner channeled what I believe is [...]
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