Notes from Howard's Sabbatical from Working. The name comes from a 1998 lunch conversation. Someone asked if everything man knew was on the web. I answered "no" and off the top of my head said "Fidel Castro's favorite color". About every 6-12 months I've searched for this. It doesn't show up in the first 50 Google results (this blog is finally first for that search), AskJeeves says it's: red.
Monday, April 05, 2010
Looting Main Street : Rolling Stone
Matt Taibbi does what he does best in Looting Main Street "How the nation's biggest banks are ripping off American cities with the same predatory deals that brought down Greece"
1 comment:
Anonymous
said...
So JP Morgan has to pay a 25 million dollar fine and 50 million dollars in "restitution" for a scheme that the mafia would have been proud to call their own.
That's chump change for those theives and they are happy to pay it.
Like I said before, nothing changes until people are indicted, prosected and sentenced appropriate to the magnitude of the theft, and thier ill-gotten gains clawed back under the RICO statute.
We better hope that the Tea Party doesn't somehow discover the giant vampire squid (i.e., Wall Street) in the room that nobody is talking about.
If average Americans come to understand what Wall Street Banksters have done to the economy of the US (and the World), simply to line their own pockets, then you may see a real populist uprising, and deservedly so.
But as it stands, Wall Street appears to still be running the show, even 2 years after the greatest financial collapse got started with the implosion of Bear Stearns.
Can I get three cheers for the creative financial genuises.....
1 comment:
So JP Morgan has to pay a 25 million dollar fine and 50 million dollars in "restitution" for a scheme that the mafia would have been proud to call their own.
That's chump change for those theives and they are happy to pay it.
Like I said before, nothing changes until people are indicted, prosected and sentenced appropriate to the magnitude of the theft, and thier ill-gotten gains clawed back under the RICO statute.
We better hope that the Tea Party doesn't somehow discover the giant vampire squid (i.e., Wall Street) in the room that nobody is talking about.
If average Americans come to understand what Wall Street Banksters have done to the economy of the US (and the World), simply to line their own pockets, then you may see a real populist uprising, and deservedly so.
But as it stands, Wall Street appears to still be running the show, even 2 years after the greatest financial collapse got started with the implosion of Bear Stearns.
Can I get three cheers for the creative financial genuises.....
So it goes.
TT
Post a Comment