by Richard Eskow | Jul 13, 2012 | Blog
If only. If only Brian Moynihan designed fashionable shoes, Jamie Dimon pitched a mean slider, and Lloyd Blankfein had written the song "Boyfriend" for Justin Bieber. Then they'd prosecute bank fraud. The Justice Department used as many people to investigate one...
by Richard Eskow | Jul 11, 2012 | Blog
A new survey showing the extent of bankers' criminal inclinations, together with the "LIBOR" scandal, gives us more insight into how deeply corrupt the banking industry has become. Big banks have metastasized into a kind of "Financial/Industrial Complex" which is...
by Richard Eskow | Jul 10, 2012 | Blog
More and more Washington insiders are asking a question that was considered off-limits in the nation's capital just a few months ago: Who, exactly, is Attorney General Eric Holder representing? As scandal after scandal erupts on Wall Street, involving everything from...
by Richard Eskow | Jul 6, 2012 | Blog
In the ongoing scandal about Barclays' employees tampering with the "LIBOR," or London interbank lending rate - which is to say, bank fraud - The Economist offers this brilliant cover. It's not just the word "banksters," or the fact that it shows bank executives...
by Richard Eskow | Jul 6, 2012 | Blog
Recently my friend and colleague Bill Scher challenged progressive critics of President Obama's conciliatory approach toward corporations with a New York Times op-ed entitled "How Liberals Win." Far from being "business as usual," Bill writes, "the Supreme Court's...
