President-elect Donald Trump isn’t just appointing incompetent buffoons to his Cabinet, but deeply immoral individuals who are completely lacking in family values.
Dodd-Frank Act
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Russian Roulette: Will Taxpayers Be on the Hook for Trillions in Oil Derivatives?
The sudden dramatic collapse in the price of oil may result in vast derivative losses – and the FDIC could be liable following the recent repeal of key portions of the Dodd-Frank Act.
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Shady Profits: How the World’s Top Corporations Are Failing At Transparency
A new report reveals that three-quarters of the world's 124 biggest publicly traded companies don't disclose the taxes they pay in foreign countries, and dozens hide their foreign revenues altogether.
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Building an Ark: How to Protect Public Revenues from the Next Meltdown
While the too-big-to-fail banks have collectively grown 37% larger since 2008, we are steamrolling toward the greatest financial disaster in world history, and nobody is doing much of anything to stop it.
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No Punishment for Criminal Executives As Bank Settlements Leave Consumers Hanging
The colossal dollar figures amount to a smokescreen as the real costs to banks get muddled in tax deductions, unclear directives and accounting loopholes – while Americans receive pennies for wrongful foreclosures.
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Parasite #1: The Shadow Banking System
Despite the 828-page Dodd-Frank Act, the derivatives pyramid has continued to explode to a value now estimated to be as high as $2 quadrillion.
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Volcker Rule Approved By All 5 Regulators Signals Crackdown on Wall Street Banks
The 953-page edict, part of the 2010 Dodd-Frank financial overhaul, codifies and restricts the way banks trade securities, setting in motion a broad new government rule to limit risk-taking by Wall Street and scale back trading activities.
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Is Homeland Security Preparing for the Next Wall Street Collapse?
The Department of Homeland Security recently purchased 1.6 billion rounds of ammunition and is acquiring heavily armored tanks which have been seen roaming the U.S. streets. It's clear this is meant for unrest at home, and not abroad.
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U.S. Executive Pay Soars As "The Outrageous Has Become the Everyday"
According to figures released last week, 38% of the top-paid CEOs of U.S. companies over the past two decades were fired or headed companies that were either bailed out by taxpayers or forced to pay significant fraud-related fines.
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Glass-Steagall Now: Because the Banks Own Washington
The original Glass Steagall created two distinct types of banks: standard commercial banks where people held checking and savings accounts, and investment banks that were free to engage in whatever risky behavior they liked.
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Depositors Beware: Bail-In Is Now Official E.U. Policy
E.U. ministers recently agreed on a plan that shifts the responsibility for bank losses from governments to bank investors, creditors and uninsured depositors. What might this mean if it happened in America as well?
