Today’s Brief’s: November 16, 2012 UK vs. US on Bank Bailouts, BP Criminal Plea Reveals Fox Faux's Lies and Wall Street Banker's Go after Elizabeth Warren

A report is out this morning saying that United Kingdom tax payers could lose $107 billion (66 billion pounds) used to bailout the Royal Bank of Scotland and Lloyds during the height of the financial crisis of 2008. Margaret Hodge, … [CLICK TO READ MORE]

A Brief Round-Up Of JPMorgan Chase’s $2 Billion Loss

What’s being said about JPMorgan Chase’s $2 billion loss on derivatives.


Reason No. 56 for #OWS: Big Wall Street Banks Back To Old Tricks

JPMorgan Chase back to making speculative bets so big they “probably can’t unwind them without losing money or roiling financial markets.”