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50 search results for: Matt taibbi
Democratic and Republican Agreement: Prosecute HSBC
/31 Comments/in Financial Fraud/by emptywheelApparently, Matt Taibbi and Glenn Greenwald and Matt Stoller and Howie Klein and I aren’t the only hippies who believe HSBC should be treated like any other legal person who helped drug gangs and terrorists launder money. Both Chuck Grassley and Jeff Merkley have written Eric Holder letters complaining about this treatment. Here’s Grassley (who, as […]
Last Week in Deferred and Non-Prosecution Agreements: Arming China and Stealing Trillions from Municipalities
/12 Comments/in Financial Fraud/by emptywheelI’m so old I remember the time, four years ago, when Democrats hated Deferred Prosecution Agreements. Back in the days when Chris Christie, former US Attorney, was challenging Jon Corzine, once and future bankster, to be governor of New Jersey, Democrats made hay of the significant numbers of DPAs Christie signed, mostly with a series […]
David Gregory & NBC Give John McCain Blowjob; Screw Americans
/9 Comments/in Congress, Domestic Policy, Economics, Financial Fraud, Law/by bmazSaturday evening, the New York Times put up an important editorial, The Banks Win Again, on its website regarding the financial crisis, an editorial piece that would be key in their Sunday Morning Edition Opinion Section: Last week was a big one for the banks. On Monday, the foreclosure settlement between the big banks and […]
Links, 8/17/11
/23 Comments/in Links/by emptywheelI guess it takes a lot of smart kids from other countries to show us what assholes Hershey is–and to teach us about solidarity. I assume you’ve already read the Matt Taibbi piece revealing that the SEC has been destroying records of its preliminary investigations, effectively giving serial problem corporations an apparent clean bill of […]
Links, 7/21
/17 Comments/in Links/by emptywheelOur Crashing Economy Obama is going to delay his push for Congress to approve 3 job-killing trade deals until after the August recess in the hopes he can get Trade Adjustment Assistance included. I guess he hopes to continue to pretend these have anything to do with job creation? GAO’s audit of the Fed is […]
Why Can’t DOJ Investigate as Well as the Hapless Senate?
/in Economics, Financial Fraud, Law/by emptywheelThere’s a lot to loathe about the current incarnation of the Senate, that elite club of millionaires where legislation goes to either get rewritten to serve corporate interests or killed. What does that say about DOJ, then, that the Senate is doing such a better job at investigating crimes? In just one month’s time the […]
Helicopter Ben Invented Tax Evasion Vehicles for the Real Housewives of Wall Street
/in Financial Fraud/by emptywheelMatt Taibbi is out with his take on the Fed’s bailout lending revealed last month. He focuses on how two rich housewives with no apparent business experience got almost a quarter of a billion dollars in the TALF program. In August 2009, John Mack, at the time still the CEO of Morgan Stanley, made an […]