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.
Federal Reserve
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JPMorgan Hit With $920 Million Fines for $6 Billion London Whale Derivatives Scandal
JPMorgan Chase has agreed to pay $920 million in penalties to U.S. and U.K. regulators over the "unsafe and unsound practices" that led to its $6.2 billion London Whale losses last year.
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Christina Tobin: Reforming Politics To Make "All Elections Free and Equal"
"This is about rising above and beyond the two-party duopoly. More than anything, I want a new generation of young leaders to get inspired to take their government back, starting at the local level."
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Taibbi: 16 Major Finance Institutions Allegedly Received Early Data From Thomson Reuters
A whistleblower complaint has been filed to the SEC identifying some of the world's biggest banks and hedge funds as alleged early recipients of key economic data from the news/business wire.
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Ellen Brown: The Leveraged Buyout of America
Giant banks are buying up our country’s infrastructure, the power and supply chains that are vital to the economy. Aren’t there rules against that?
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We’re All Still Hostages to the Big Banks
Five years after the Lehman Brothers collapse, banking lobbyists have blocked essential reforms at every turn.
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Foreclosure Fraud Revealed: Your Mortgage Documents Are Fake!
Amid last decade's foreclosure fraud, banks resorted to a mass fabrication of mortgage documents because they could not legally establish true ownership of the loans when trying to foreclose.
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Collateral Damage: QE3 and the Shadow Banking System
Rather than expanding the money supply, quantitative easing has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit.
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Treasury Dept and Comerica's Debit Card Payment System Bilks the Poor
A government initiative aimed at saving money by eliminating paper checks is hurting some recipients of federal benefits while earning the bank that operates the program millions in fees charged to consumers.
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Game-Changer: Could Elizabeth Warren’s "Bank on Students" Bill Be An Economic Breakthrough?
The Massachusetts senator's bill has been dismissed as “shameless populist demagoguery” and “a cheap political gimmick,” but could Warren’s outside-the-box bill be a game-changer that actually turns the economy around?
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Quantitative Crisis: Bernanke's "Stimulus" For the 1%
The Fed's stimulus policies, expressed in the form of Quantitative Easing, amount to one of the most expensive forms of corporate welfare in history.
