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In the latest of a flurry of under-the-wire lawsuits that seem to conflict with an imminent foreclosure fraud settlement, Eric Schneiderman, the Attorney General of New York and a co-chair of the federal task force looking into the residential mortgage-backed securities market, sued three banks for their use of the MERS electronic registry which resulted in fraudulent foreclosure filings.
Schneiderman Sues Three Big Banks, MERS for Deceptive Practices, Illegal Foreclosures | FDL News Desk
The STOCK Act, which bans insider trading of corporate stocks by members of Congress, just passed the Senate, but the House may not take it up for a vote.
Courage Campaign | Tell the House: ban insider trading, pass the STOCK Act!
Tax gift to the rich | iWatch News
Todd Dagres, a prominent venture capitalist and independent movie producer, earned $3.5 million in 2003, and paid not a cent in federal income tax.
Protesters volunteering for the internet and information boards of the Occupy Wall Street protest work and broadcast from their media center in Zuccotti Plaza on Oct. 2, 2011. Photo: Bryan Derballa for Wired.com
Occupy Geeks Are Building a Facebook for the 99% | Threat Level | Wired.com
The Tweeted Times - #occupy #ows
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OccupyStream - Live Revolution
+ What is OccupyStream? This is a site I created for the people. I'm happy to give this to the #OWS.
The "Occupy Wall Street" protests are gaining momentum, having spread from a small park in New York to marches to other cities across the country. So far, the protests seem fueled by a collective sense that things in our economy are not fair or right. But the protesters have not done a good job of focusing their complaints—and thus have been skewered as malcontents who don't know what they stand for or want.
CHARTS: Here's What The Wall Street Protesters Are So Angry About...
Joseph Stiglitz Was At Occupy Wall Street Yesterday And He Looked Like He Was Having A Great Time
Economist Joseph Stiglitz was at the Occupy Wall Street protest in Zuccotti Park yesterday. He was joined by New York Times book reviewer a and economics columnist, Jeff Madrick. Here are some highlights:Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.
Wall Street Aristocracy Got $1.2 Trillion From Fed - Bloomberg
Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co.
How Paulson Gave Hedge Funds Advance Word - Bloomberg
A few months ago, I came across an announcement that Citigroup, the parent company of Citibank, was to be honored, along with its chief executive, Vikram Pandit, for “Advancing the Field of Asset Building in America.”
Wall Street, investment bankers, and social good : The New Yorker
Stop payment! A homeowners' revolt against the banks—By Christopher Ketcham (Harper's Magazine)
As little as $16.97 for 12 months of Harper's— plus access to our 158-year archive.Wall Street's Bailout Hustle : Rolling Stone
This URL is broken. See: http://pear.ly/gtfzO by Oct 5
Wall Street's Naked Swindle : Rolling Stone
This URL is broken. See: http://pear.ly/gtfCy by Oct 5