Between Mnuchin, the hedge fund predatory lender king to Elaine Chao's drug smuggler past, Trumpers aren't too happy with the swamp draining.
The DOJ and Goldman-Sachs just arrived at a very large settlement.
CNN, Legal View with Ashleigh Banfield, Jan. 27, 2016.
The mortgage investigations Cuomo touted as " wide-ranging" came to little, even as he held one of the country's most powerful prosecutorial positions through the financial crisis.
The Other 98% Urges Wall Street Execs to Donate $91 Billion in Bonuses to Victims of Financial Crisis.
This parody of Rihanna’s video “Diamonds,” tells the story of Jamie Dimon, JP Morgan Chase, and their selfish financial crimes.
Senator Elizabeth Warren called on Congress to solve the ‘too big to fail’ banking fiasco.
"If the Justice Department were being tough on Wall Street, they would be bringing criminal cases. They would not be talking about settlements."
The punitive costs paid by JPMorgan will, however, continue to grow, if not through settlements than through other expenses.
If the 2009 financial crisis taught us anything, it's that market manipulation and speculation is a recipe for disaster. Four years later, we don't seem to have learned our lesson. Wall Street has found another, more obscure, market to manipulate: ethanol credits. Fortunately, the EPA has the power to bring transparency to this marketplace -- it just needs to do it.
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