by Richard Eskow | May 13, 2011 | Blog, Financial Reform, Too Big To Jail
Some of the headlines about the conviction of hedge fund manager Raj Rajaratnam are misleading or just plain wrong. The Rajaratnam guilty verdict won't "change the way Wall Street does business" - not where it matters most. Too Big to Fail banks will continue to...
by Richard Eskow | May 12, 2011 | Blog
Bernie Sanders may represent Vermont and have a New York accent, but right now he looks a little like a Texas Ranger. The motto for those Lone Star State lawmen - "One Riot, One Ranger" - comes from their legendary ability to face down a hostile crowd single-handed....
by Richard Eskow | May 11, 2011 | Blog, Financial Reform
What do you do when the economy's a disaster, things are getting worse, and nobody seems to give gives a damn? What do you do? This country has been divided into two economies. One's the economy of Wall Street and corporate Manhattan, along with Washington's thriving...
by Richard Eskow | May 6, 2011 | Blog
"If I had a world of my own," said Alice, "everything would be nonsense. Nothing would be what it is because everything would be what it isn't." The rabbit hole's got nothing on this place."Let's save Social Security from a 25% cut in 27 years," they told Alice, "by...
by Richard Eskow | May 5, 2011 | Blog, Financial Reform
Big banks and credit card companies have made a PR misstep in the fight over debit card charges. They're trying to use the Bush Administration's anti-terror team to convince Americans that exorbitant debit card fees are needed for our nation's security. The timing...