Banks Rejected Three Out of Four Requests for Loan Modifications Under Vaunted Obama Program
Aug 1, 2015 One of the Obama administration’s “signature efforts to help homeowners” has “allowed big banks to run roughshod over borrowers again and again,” reports The New York Times.Does Barney Frank’s New Book Let Democrats Off the Hook?
Apr 3, 2015 Truthdig Editor-in-Chief Robert Scheer confronts the former Massachusetts representative over President Clinton’s role in creating the Great Recession and other issues dividing progressives from the Democratic Party leadership.Truthdig Editor-in-Chief Robert Scheer confronts former Massachusetts Rep. Barney Frank over President Clinton’s role in creating the Great Recession and other issues dividing progressives from the Democratic Party leadership.
Larry Summers and the ‘End-Game’ Memo
Aug 26, 2013 A 1997 memo retrieved from the filing cabinet of investigative reporter Greg Palast shows the involvement of Lawrence Summers -- Obama's current favorite for chairman of the Federal Reserve -- in a successful plan to help big bank CEOs "rip apart financial regulation across the planet."
Greg Palast: Between Two Vultures
Aug 6, 2013 International gumshoe reporter Greg Palast tells RT's Max Keiser how the fate of the Argentinian economy will be decided by a legal battle between the White House and Paul Singer -- "the great vulture speculator in America" and "probably the top donor, or organizer of donors for the Republican party" -- over the profits of big banks.
Congress Still Puts Out for Wall Street
May 28, 2013 The big banks' influence in Washington has only grown in direct proportion to the harm they have caused to the nation's economy.
A Sign That Obama Will Repeat Economic Mistakes
Dec 7, 2012 Reports in the business press tout a prime participant in the great banking hustle as a possible candidate to be the next Treasury secretary.
Citigroup and 3 Other Banks Can’t Take the Stress
Mar 14, 2012 Despite hefty bailouts and infinitesimal interest rates, Citi, Ally Financial, MetLife and SunTrust were not able to pass the latest round of stress tests designed and measured by the Federal Reserve.
Obama’s New Chief of Staff Hails From Wall Street
Jan 10, 2012 Jack Lew is a liberal who worked for Speaker Tip O'Neill and studied under beloved progressive Sen Paul Wellstone, but he was also the chief operating officer of a Citigroup unit and doesn't fault deregulation for the shoddy economy (more)Jack Lew is a liberal who worked for Speaker Tip O'Neill and studied under beloved progressive Sen.
Too Big to Jail
Nov 3, 2011 Can we all agree that a $1 billion swindle represents a lot of money? So why isn't former Citigroup Chairman Robert Rubin breaking a sweat?
Wall Street Will Be Back for More
Jan 11, 2010 When the bailout trillions run out, Wall Street's maladjusted gamblers will come back for more until our currency becomes junk Not that any of these people, who exhibit the same traits as psychopaths, have thought this through.
