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Progressive Breakfast

Banks Try To Escape Prosecution Banks beg not to be prosecuted. NYT: "To avoid the fallout from pleading guilty — no giant bank has done so in more than two decades — BNP Paribas and Credit Suissemade last-ditch appeals to prosecutors and regulators in recent weeks,...

Progressive Breakfast

Geithner Defends His Tenure Geithner defends bailouts in wide-ranging NYT interview: "Elizabeth Warren [wrote] that Geithner 'believed the government’s most important job was to provide a soft landing for the tender fannies of the banks.' ... As for the argument that...

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