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 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 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...
by Richard Eskow | May 4, 2011 | Blog, Financial Reform
We let him define us for a decade, and now he's gone. After a very American party, the crowds have gone home. Here's one of the more printable Twitter quotes from an online news item entitled "Pornstars Respond to Bin Laden's Death": "Bin Laden is dead. @dirtjunior666...
by Richard Eskow | May 2, 2011 | Blog, Financial Reform
Before President Obama announced Bin Laden's death the big topic in Washington was the deficit. Pundits and politicians alike eagerly anticipated a possible "bi-partisan" budget-cutting deal forged by "selfless" Republicans and Democrats. Deficits will be the hot...
by Richard Eskow | Apr 30, 2011 | Blog, Financial Reform
The President's plane touched down at Tuscaloosa Regional Airport at 10 am this morning, local time. That's Tuscaloosa, Alabama, USA. These are the moments that bring us together as a nation, and as people. Just like 9/11 did, before people used it to divide us. I...