Bill Black

Let's Call the "Grand Bargain" What It Is: The Grand Betrayal of the American People

Robert Kuttner has written much of the column I intended to write on this subject, so I will point you to his excellent column and add a few thoughts.

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Are We Going to Let the Biggest Financial Fraudsters Keep Their Money and Avoid Jail Time?

The role of the criminal justice system with regard to financial fraud by elite bankers in 2011 is likely to reprise its role last decade — de facto decriminalization. The Galleon investigation of insider trading at hedge funds will take much of the FBI’s and the Department of Justice’s (DOJ) focus.

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