by Richard Eskow | Mar 20, 2013 | Blog
$16 billion. That’s how much JPMorgan Chase has paid in fines, settlements and other litigation expenses in the last four years alone. More than half of that amount, $8.5 billion, was paid out in fines and settlements as the result of illegal actions taken by bank...
by Richard Eskow | Mar 19, 2013 | Back to Work Budget
There are jungle birds that can imitate human speech perfectly. Ever hear one sing a sad song? They can do it so beautifully that human listeners are moved to tears. The bird, on the other hand, has no idea what it’s singing about. David Brooks is like that bird. He...
by Richard Eskow | Mar 18, 2013 | Blog
HuffPost Live had a discussion segment based on a piece I wrote a couple of weeks ago about the racist BusinessWeek cover that depicted greedy minority borrowers raking in fistfuls of cash from "liar loans." The session included a mistreated homeowner named Rose...
by Richard Eskow | Mar 18, 2013 | Back to Work Budget
There was panic in Cyprus today as ordinary citizens learned that the government was about to take nearly seven percent (6.75 percent) of the money in their bank accounts as part of a package to bail out reckless banks. The outrage was justified, predictable, and...
by Richard Eskow | Mar 17, 2013 | Back to Work Budget
Are you in or are you out? That was George Clooney’s line in Ocean’s 11. Remember? “Tell me, right here … because if you’re out you can go back to feeling up stockbrokers.” Clooney’s movie was a remake of the Rat Pack film made in 1960, back when Democrats were...
