The Two Faces of a Police State: Sheltering Tax Evaders, Financial Swindlers and Money Launderers while Policing the Citizens

August 6th, 2012
James Petras “There is a degree of cynicism and greed which is really quite shocking” - Lord Turner Bank of England, Financial Service Authority, “The rotten heart of finance” The Economist Introduction Never in the history of the United States have we… more »

Fannie and Freddie Start Returning Fraudulent Mortgages to Banks, But Crime Goes Unpunished

March 5th, 2010
By Numerian Posted by Michael Collins Citizens carry the load for bad loans by Wall Street In a February regulatory filing with the SEC, Fannie Mae and Freddie Mac, now owned by the federal government, say they intend to return $21 billion in home… more »

Judge Rakoff Nails JP Morgan

February 22nd, 2010
Michael Collins Federal district court Judge Jed S. Rakoff called off a J.P. Morgan deal in an order that revealed the inside track on how the financial giant does business. The ruling of January 28 prevents Morgan from selling or participating the $225… more »

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