Posted on 28 February 2009. Tags: Allen Stanford, Andrew Cuomo, Bank of America, Bernie Madoff, Delphi, Friday Scandal Update, Kenneth Lewis, Northern Trust, Pensions
The last week has been filled with a whole raft of economic scandals that it’s hard to pick through the wreckage. But, I’ll try. First, a publishing note: last week, I posted the first Friday Scandal Update. I will maybe keep this up–and please suggest your own scandals–both here in the comments and, […]
Read the full story
Posted in General Interest
Posted on 21 February 2009. Tags: Bank of America, Bonuses, Financial Crisis, Greed, John Thain, Kenneth Lewis, R. Allen Stanford, Taxes, The Rich, UBS, Wall Street
I have to say this would all make for a great movie–thriller, farce, comedy?–if the plot lines didn’t actually mean that millions of people have been screwed by crooks, greedy elites and incompetent CEOs. Today, there is just a plethora of news on the "free market" scam front, all courtesy of The Wall Street […]
Read the full story
Posted in General Interest