The American people clearly spoke, and the drubbing Democrats received requires looking beyond just issue polls, voting patterns, campaign strategy, or get-out-the-vote tactics.
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Here’s Why Americans Are Mad as Hell at Wall Street and Washington
Tens of millions of Americans clearly understand that an entrenched system of corruption such as Wall Street, perpetuated through a revolving door with Washington, will leave the nation’s economy in tatters again.
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Elizabeth Warren Lobbying Query Leads Brookings Institution Fellow To Quit
A prominent Brookings fellow resigned after the Massachusetts senator accused him of failing to fully disclose industry funding tied to a study that criticized the U.S. Labor Department's plan to regulate brokerages.
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Raking In On Rents: The Housing Crisis Begins Anew
Americans need to say no now to this new scheme, lest we allow the past mortgage crisis to become a current rent fiasco.
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America's Criminal Financiers: Still Unjailed and More Bloated Than Ever
Because of the Obama administration’s soft on crime approach to the bankers who became rich packaging fraudulent mortgages, the industry is still a cesspool of excess and greed.
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$25 Million Bank of America Settlement Amounts to Wrist-Slap
Two settlements between Bank of America and state and federal regulators over actions during the financial crisis challenge conventional assumptions about Republicans, Democrats and Wall Street.
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JPMorgan Chase Fined Historic $13 Billion for Mortgage Fraud
The settlement between America's largest bank and the Department of Justice was greater than the anticipated $11 billion, and will not release the bank from facing further criminal liability charges for its role in helping bring down the US economy.
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Exposed: Major U.K. Financier and Conservative Donor Guilty of LIBOR Rigging
Financial authorities in Britain have uncovered that a major financial supporter of the U.K. government, ICAP's CEO Michael Spencer, is closely tied to the LIBOR rate rigging scandal affecting some $360 trillion worldwide.
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The Time in Between: Waiting After Katrina and Sandy
On the 8th anniversary of Hurricane Katrina, families across New York and New Jersey are asking some of the same questions that plagued Gulf Coast residents, namely: When can I go home?
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Federal Government Sues Bank of America Over $850 Million Investor Fraud
The U.S. is suing the Bank of America for investor fraud over the sale of $850 million worth of residential mortgage-backed securities.
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Global Power Project, Part 7: Banking on Influence with Citigroup
Citigroup, the largest single recipient of US taxpayer bailout funds with some $476 billion in cash and guarantees, didn't just defraud investors: it foreclosed on hundreds of U.S. military members who served in Iraq and Afghanistan.