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
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 –
Hastings: Interview with Julian Assange
Wikileaks founder Julian Assange attends a press conference at City University London, U.K. on December 1st, 2011. Leon Neal/AFP/Getty It’s a few days before Christmas, and Julian Assange has just finished moving to a new hide-out deep in the English countryside. The two-bedroom house, on loan from a WikiLeaks supporter, is comfortable enough, with a big stone fireplace and a porch out back, but i
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The Brilliant Life and Tragic Death of Aaron Swartz
Why Did the Justice System Target Aaron Swartz?
Secret and Lies of the Bailout
The Plot Against Occupy
Global Warming's Terrifying New Math
Jeff Tietz: The Sharp, Sudden Decline of America's Middle Class
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Everything You Need to Know About Wall Street, in One Brief Tale – Rolling Stone
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