Not only has the Wall Street bailout restored the banksters who wrecked (and are still wrecking) our economy to full prosperity but it’s also paying off very handsomely for the bank overseers who orchestrated the bailout. Perhaps you’ve been wondering: How are good ol’ Ben and Little Timmy doing these days? Extremely well – thank […]
JPMorgan Chase
Posted inOpinion
Sniffing the ethical rot in Wall Street’s culture
Not too many years ago, any news story about bonus money would’ve been about some 20-year-old baseball player – an up-and-coming superstar getting $100,000 or so on top of his salary as an extra incentive to join the Yankees, Giants, Red Sox or whatever team. Sportswriters dubbed them: “Bonus Babies.” How quaint. These days, stories […]
Posted inOpinion
The mobsters of Wall Street
Assume that you ran a business that was found guilty of bribery, forgery, perjury, defrauding homeowners, fleecing investors, swindling consumers, cheating credit card holders, violating U.S. trade laws and bilking American soldiers. Can you even imagine the kind of punishment you’d get? How about zero? Nada. Nothing. Zilch. No jail time. Not even a fine. […]
Posted inOpinion
Where’s the cop on the Wall Street beat?
Bankers gone wild! Let’s tally some of their crimes: JPMorgan Chase engaged in massive, systematic fraud to foreclose without cause or due process on innocent homeowners, tossing thousands of families into the streets. Goldman Sachs profited by marketing an investment package that was designed to fail, collecting fat fees on each sale to unsuspecting investors […]
Posted inOpinion
Wall Street hogs still running wild
Wall Street is a beast. And proud of it! In fact, a pair of animals are the stock market’s longtime symbols: One is a snorting bull, the other is a bear. But I recently received a letter saying that we need a third animal to depict the true nature of the Wall Street beast: a […]
Posted inOpinion
Jamie gets punished
If you are sensitive to stories of human suffering and economic hardship, let me warn you that the following report contains material that could be upsetting, so discretion is advised. It’s about a fellow named Jamie. He lives in New York City, and he has recently had a very rough go with a large financial […]
