The Laughter You Hear Comes From Wall Street and The Banks

In General Interest by Jonathan Tasini5 Comments

When I come back in my next life, I want to be a banker or a hotshot on Wall Street. Because it’s the kind of work where you can do anything you want, break any laws, never get punished and make a huge amount of money. And the best thing is: you make someone else pay for your fuck-ups. That is the upshot of the settlement reached today with the banks. Another day, another sham.

The Probe Widens

In General Interest by Jonathan Tasini0 Comments

   Via The Wall Street Journal today: Federal prosecutors, working with securities regulators, are conducting a preliminary criminal probe into whether several major Wall Street banks misled investors about their …

More People Out Of Work

In General Interest by Jonathan Tasini0 Comments

    This just out via the Associated Press: The number of newly laid off workers filing for unemployment benefits rose last week to the highest level in nearly two months, …

More People Out Of Work

In General Interest by Jonathan Tasini0 Comments

    This just out via the Associated Press: The number of newly laid off workers filing for unemployment benefits rose last week to the highest level in nearly two months, …

Meltdown In The Markets

In General Interest by Jonathan Tasini0 Comments

    A short post today since it’s big fundraiser day. Paul Krugman reports: The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president …