by Richard Eskow | Jan 20, 2011 | Blog, Financial Reform
People are debating the need for a "systemic fix"to address the foreclosure crisis. What we really need is a systemic redesign, from the ground up. Fortunately, the design was laid down centuries ago - by 800 years of law, and by the idea that free people are entitled...
by Mary Bottari | Jan 19, 2011 | Blog, Financial Reform
Two years after a catastrophic financial collapse and six months after the passage of a Wall Street reform bill, astonishing tales of volatility in the market are all too common. If you think inexplicable flash crashes are worrisome, brace yourself for the next big...
by Mary Bottari | Jan 14, 2011 | Blog, Financial Reform
WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the bank was Bank of America (BofA). In 2010, he told Forbes that the information was...
by Richard Eskow | Jan 12, 2011 | Blog, Financial Reform
Music was Curtis "50 Cent" Jackson's second career. News reports say he began dealing crack at the age of twelve, after the murder of his coke-dealer mother. Early tracks like "Ghetto Quran" and "How to Rob" reflect a brutal, street-hustling life, and Jackson has the...
by Richard Eskow | Jan 7, 2011 | Blog, Financial Reform
Wall Street is widely despised by an American public that lives with the consequences of bank behavior every day. The President and the party were once widely trusted by the public to rein in the banks and save the economy, but that reputation's been tarnished by the...
by Richard Eskow | Jan 3, 2011 | Blog, Financial Reform
Van Helsing: "The strength of the vampire is that nobody will believe in him." America's debt to Wall Street has soared since 1945 - and although the banks were rescued at public expense, the public's been left holding the bag for the recent drop in housing prices:...
