One year ago today #OccupyWallStreet staged their first organized protest in Manhattan’s financial district to bring attention to the corruption that caused the financial crisis of 2008. Thousands attended the protest, sparking other protest all across the nation. But it didn’t take long for the primary and intended message to become heavily diluted; which could [...]
Impunity: If you want the ultimate mental picture which adequately describes this word, just imagine Wall Street bankers sitting on their thrones. It would fit the official description perfectly: Exemption from punishment, penalty, or harm.
The Department of Justice will not prosecute Goldman Sachs for their major roll in the collapse of the financial markets [...]
In advance of planned hearings this fall, House Financial Services Chairman Spencer Bachus has asked the financial industryto offer suggestions on how they should be regulated. Translated, he’s asking Wall Street banks to write Wall Street reform laws.
As if anyone needs to be reminded, these are the exact same people who [...]
They simply whipped out their checkbooks and purchased a get-out-of-jail-free card. [...]
You paid a higher interest rate on every thing you bought on the credit while this was happening, including credit cards. [...]