by Dave Johnson | Mar 25, 2013 | Blog
There is a lesson from the Cyprus situation: If you are a large depositor you need to watch your back bank. You can't just assume someone will bail out the banks -- and you. The big banks have been able to keep governments from reigning them in, while getting...
by Sam Pizzigati | Mar 25, 2013 | Blog
All across Corporate America, top execs are feathering their own nests at the expense of their workers. The French have a better idea. The founder of modern management science, Peter Drucker, considered excessive executive pay an assault on good enterprise management...
by Thom Hartmann | Mar 22, 2013 | Blog
Republicans are already plotting their next opportunity to take our nation hostage. At his weekly press conference, John Boehner said the GOP will refuse to raise the debt ceiling in May, if the president doesn't agree to more spending cuts. President Obama already...
by Digby | Mar 21, 2013 | Blog
David Ignatius wrote his Iraq mea culpa today and it's a good one. He admits that Iraq was an epic strategic blunder and that he was wrong to have been such an enthusiastic cheerleader for it. But in chronicling his mistakes, I find this one to be almost shocking...
by Alan Jenkins | Mar 21, 2013 | Blog
Home Opportunity is at a crossroads, and with it the American economy. Misconduct by banks, inadequate rules, and lax enforcement have cost 4 million families their homes since the financial crisis began, devastated communities around the country, and triggered a deep...
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...