The College-Loan Scandal
On May 31st, president Barack Obama strolled into the bright sunlight of the Rose Garden, covered from head to toe in the slime and ooze of the Benghazi and IRS scandals. In a Karl Rove-ian masterstroke, he simply pretended they weren’t there and changed the subject. More Taibbi: The Last Mystery of the Financial Crisis The topic? Student loans. Unless Congress took action soon, he warned, the rel
Taibbi: Too Big to Jail
The deal was announced quietly, just before the holidays, almost like the government was hoping people were too busy hanging stockings by the fireplace to notice. Flooring politicians, lawyers and investigators all over the world, the U.S. Justice Department granted a total walk to executives of the British-based bank HSBC for the largest drug-and-terrorism money-laundering case ever. Yes, they is
The True Story of Mitt Romney and Bain Capital
Mitt Romney at Bain's offices in Copley Plaza in Boston on October 29th, 1990. Justine Schiavo/The Boston Globe via Getty The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, a lightweight, a cardboard opportunist who’ll say anything to get elected. The critics couldn’t be more wrong. Mitt Romney is no
Tom Morello: 'Paul Ryan Is the Embodiment of the Machine Our Music Rages Against'
Tom Morello and Vice Presidential Candidate Paul Ryan Tim Mosenfelder/Getty Images; Bill Clark/CQ Roll Call Last week, Mitt Romney picked Paul Ryan, the Republican architect of Congress‘s radical right-wing budget plan, as his running mate. Ryan has previously cited Rage Against the Machine as one of his favorite bands. Rage guitarist Tom Morello responds in this exclusive op-ed. Paul Ryan’s love
LIBOR Banking Scandal Deepens; Barclays Releases Damning Email, Implicates British Government – Rolling Stone
This Libor-manipulation story grows crazier with each passing minute. We have officially disappeared now down the rabbit-hole of the international financial oligarchy. Former Barclays CEO Bob Diamond is testifying before parliament in London today, and that’s sure to bring some shocking moments. But there’s already been one huge stunner. In advance of that testimony, Barclays released an email fro
The Scam Wall Street Learned From the Mafia
Someday, it will go down in history as the first trial of the modern American mafia. Of course, you won’t hear the recent financial corruption case, United States of America v. Carollo, Goldberg and Grimm, called anything like that. If you heard about it at all, you’re probably either in the municipal bond business or married to an antitrust lawyer. Even then, all you probably heard was that a thr
Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling’ – Rolling Stone
It doesn’t happen often, but sometimes God smiles on us. Last week, he smiled on investigative reporters everywhere, when the lawyers for Goldman, Sachs slipped on one whopper of a legal banana peel, inadvertently delivering some of the bank’s darker secrets into the hands of the public. The lawyers for Goldman and Bank of America/Merrill Lynch have been involved in a legal battle for some time –
Frank Rich Blasts Obama For Letting Wall Street Off the Hook – Rolling Stone
A lot of people are talking about Frank Rich’s explosive new article in New York magazine. I think it is a remarkable thing, the latest and maybe the most comprehensive in an increasingly lengthy series of articles and investigations into the Obama administration’s failure to properly investigate the causes of the financial crisis. By now this is not quite a mainstream media drumbeat, but it’s com
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David Brooks Wonders Why Men Can’t Find Jobs: Comedy Ensues – Rolling Stone
Hey, MSM: All Journalism is Advocacy Journalism – Rolling Stone
http://www.rollingstone.com/politics/news/the-last-mystery-of-the-financial-crisis-20130619page=4
As Bradley Manning Trial Begins, Press Predictably Misses the Point – Rolling Stone
Taibbi: The Shame of Three Strikes Laws
Same-Sex Marriage Makes David Brooks Crazy – Rolling Stone
Jamie Dimon Dong-Slaps Inquisitive Analyst in Hilarious Exchange – Rolling Stone
Hank Greenberg Should Be Shot into Space For Suing the Government over the AIG Bailout – Rolling Stone
Mitt Romney, Paul Ryan Speeches Make Me Miss George Bush – Rolling Stone
How Wall Street Killed Financial Reform
Taibbi: Romney Vs. Gingrich
Is the SEC Covering Up Wall Street Crimes?