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5 posts tagged with finance by homunculus.
Displaying 1 through 5 of 5.

How to wreck the economy and avoid prosecution for $9 billion

The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare. "Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking." [more inside]
posted by homunculus on Nov 7, 2014 - 42 comments

Vampire Squid

The Vampire Squid Strikes Again: The Mega Banks' Most Devious Scam Yet. "Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever." This is the latest and last article for Rolling Stone by Matt Taibbi, who is moving on to join First Look Media.
posted by homunculus on Feb 21, 2014 - 56 comments

Secret and Lies of the Bailout

Secret and Lies of the Bailout. "The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come." [Via]
posted by homunculus on Jan 7, 2013 - 77 comments

The SEC's Memory Hole

Is the SEC Covering Up Wall Street Crimes? "A whistleblower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals."
posted by homunculus on Aug 18, 2011 - 45 comments

Planet Finance

Wall Street Lays Another Egg. "Not so long ago, the dollar stood for a sum of gold, and bankers knew the people they lent to. The author charts the emergence of an abstract, even absurd world—call it Planet Finance—where mathematical models ignored both history and human nature, and value had no meaning."
posted by homunculus on Nov 7, 2008 - 63 comments

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