Source: The Daily Beast Wall Street’s big banks are playing dangerous new accounting games—and this time taxpayers are on the hook for hundreds of billions. Nomi Prins uncovers a scandal in the making. by Nomi Prins December 1, 2009 Enron was the financial scandal that kicked off the decade: a giant energy trading company that appeared to be doing [...]

Su presidente ejecutivo, Lloyd Blankfein, asegura que el banco no recibió un trato especial durante el rescate del gobierno. por Holman W. Jenkins Jr. 10 de octubre, 2009 Para bien o para mal, de vez en cuando una empresa es elegida por el destino para representar “el rostro inaceptable del capitalismo”, un término acuñado por el fallecido [...]

por AFP October 13, 2009 WASHINGTON – US banks and securities firms could pay a record 140 billion dollars to its staff this year, a rebound in compensations that comes despite regulatory scrutiny of Wall Street pay culture, a report said Wednesday. Workers at 23 top investment banks, hedge funds, asset managers and stock and commodities exchanges can [...]

by Matthew Jaffe October 5, 2009 WASHINGTON – The Treasury Department and the Federal Reserve lied to the American public last fall when they said that the first nine banks to receive government bailout funds were healthy, a government watchdog states in a new report released today. Neil Barofsky, the special inspector general for the Troubled Asset Relief [...]

by Chris Adams October 4, 2009 WASHINGTON — The federal government is engaged in a massive mortgage modification program that’s on track to send billions in tax dollars to many of the very companies that judges or regulators have cited in recent years for abusive mortgage practices. The firms, called mortgage servicers, have been cited for badgering, manipulating [...]

por Greg Gordon (“Truthout”), Lindsay Renick Mayer (“Capitol Eye”) y Matt Taibbi (“Rolling Stone”) 30 de septiembre, 2009 Senadores y diputados responsables de supervisar la economía de EEUU han recibido millones de dólares de las empresas de Wall Street. Desde 2001, ocho de las empresas más cuestionadas han donado 64,2 millones de dólares a los candidatos del [...]

Target trading rules, consumer protections by Michael Kranish and Alan Wirzbicki September 27, 2009 WASHINGTON – The meeting with Bank of America executives came less than a year after American taxpayers rescued the institution with a $45 billion emergency bailout. The subject was derivatives, the complex securities that helped trigger Wall Street’s crisis and drag the country to [...]

by Robert Scheer August 4, 2009 By now everybody must know that the top banking executives responsible for our economic meltdown have no shame. Otherwise they would not have dared give themselves such hefty bonuses as a deeply perverse reward for actions that caused millions of Americans to lose their jobs and homes. The $33 billion that [...]

An insider’s view of Wall Street’s rebound. by Nomi Prins July 28, 2009 This is perhaps the most important thing I learned over my years working on Wall Street, including as a managing director at Goldman Sachs: Numbers lie. In a normal time, the fact that the numbers generated by the nation’s biggest banks can’t be trusted might [...]

Nota del editor: Sin sustento, no hay libertad, no hay vida, no hay forma de resistir las injusticias diarias que vienen a oprimirlo a uno cada vez más. No hay libertad. El hambre es una de las injusticias más grandes de nuestros tiempos porque el alimento es un derecho humano que se le esta negando [...]