Banksters Make Bad Neighbors

By: Friday April 15, 2011 1:21 pm

It seems some of the biggest, most profitable banks in America could be responsible for your property values dropping and your neighborhood becoming less safe as a result of poorly maintained vacant homes. From the Boston Globe: Two of the city’s top delinquent landlords are not landlords at all. They’re banks. City officials said Wells [...]

Largest Mortgage Firms Profit from Crime, Kill Moral Hazard for All of Wall Street

By: Tuesday March 29, 2011 9:14 am

I truly fear the next financial collapse, which indeed will happen, because over the past three years, both Republican and Democratic administrations haven’t just killed moral hazard for the larger financial sector, they have dragged its corpse down Wall Street in an elaborate funeral procession for all to see. The latest example of comes from [...]

Too Big to Jail: America’s Theft Inflection Point

By: Thursday March 17, 2011 7:33 am

This article in the Huffington Post about how Treasury Secretary Tim Geithner is pushing the state attorneys general to quickly as possible “bring to bed” their investigations of the wide-scale systematic violations of law by the nation’s largest financial institutions is a great reminder that, in America, there is a very important theft-to-punishment inflection point [...]

Why Don’t All Major Unions Own Banks?

By: Saturday March 12, 2011 9:00 am

Seeing that large banks are the most powerful political entity in America and one of the only institutions members of Congress will practically trip over each other in their rush to save from their own mistakes, I’m left wondering why all the major labor unions don’t get in on the action by starting their own [...]

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