We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
Bernie Madoff
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Abandoning Wall Street and Creating a Public Bank for the City of Los Angeles
A Bank of the City of Los Angeles would not compete with commercial banks but would partner with them, using its tax revenue deposits to create interest-free credit for lending programs that go toward funding city projects.
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Now We Know: JPMorgan Chase is More Criminal Than Enron
Foreclosure fraud, investor fraud, cheating customers, market manipulation, LIBOR - and now, a $2 billion fine for closing its eyes and covering up as Bernie Madoff scammed widows and orphans.
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What Fine? Why JPMorgan Is Laughing All the Way to the Bank
The $13 billion fine on civil charges, including $4 billion in direct assistance to swindled homeowners in mostly depressed inner city neighborhoods, is to be applauded. But it represents only about half of the profit JPMorgan garnered last year.
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JPMorgan Chase to Pay $500 Million for Energy Fixing Scandal
The Federal Energy Regulatory Commission has fined Chase for manipulating energy prices in Enron-esque fashion in Michigan and California.
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Review: The Billionaire's Apprentice and the Gaming of Wall Street
Anita Raghavan has written a tour-de-force book that captures the realities of race and unfettered greed in contemporary America.
