Andy Kroll, Nomi Prins, Mother Jones. November 8, 2011.
The "pay cap" the Obama administration put on seven bailed-out companies was largely symbolic. Here are the unaffected players still making bank off the bubble and the bailout.
Schneiderman is the best and probably last hope for some kind of public retribution against the banksters, some righting of wrongs--rolling of heads--as far as the Great Recession.
Zach Carter, Nouriel Roubini, AlterNet. May 18, 2010.
The prominent economist explains why the model of the financial supermarket is a disaster, and why it's so dangerous that Wall Street is back to business as usual.
The six biggest banks have hired at least 243 lobbyists to infiltrate and buy out the regulatory framework that's supposed to keep the financial industry in check.
In a market where 70 percent of all trades are executed by computer algorithms via High Frequency Trading, Goldman Sachs has the power to make the market crash or rise at will.
If the Senate Democratic Leadership can resist the snake oil of a bipartisan deal, the bill will probably get stronger as it works its way through Congress.
Zach Carter, Simon Johnson, AlterNet. April 17, 2010.
The progressive economist talks about the fight to reform Wall Street, what Robert Rubin should do with his money, and why Jamie Dimon is the most dangerous man in America.
