Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.
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"New Gilded Age" Reaches New Heights With World's Billionaires Owning Staggering $6 Trillion
In a new study, the Swiss financial firm UBS found that the wealth of the world's billionaires grew by 17 percent in 2016, bringing their combined fortune to more than double the GDP of the United Kingdom.
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Why Detroit's "Bankruptcy" Distracts From Attack on Constitution
Detroit is the victim of dishonest politicians colluding with banks and other corporate predators, and we are now witnessing the late stages of an extended municipal lynching — the natural expression of contemporary American capitalism.
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E.U. Imposes Record €1.7 Billion Fines on Major International Banks Over Rate-Rigging
The fines issued by the European Commission mark the latest to be levied on banks and financial institutions for making profits or masking their problems by fraudulently rigging the rates that reflect the cost of lending money to each other.
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Revealed: Blackstone Group Exploited Foreclosure Crisis And Seized Homes Cheap
The world's largest private equity firm has amassed an unprecedented rental empire by buying foreclosed homes at knock-off prices —from Queen Anne Victorians in Atlanta to brick-faced bungalows in Chicago to Spanish revivals in Phoenix.
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Sacramento CA, Sues Big Banks Over LIBOR Rate Manipulation
Sacramento County has sued Bank of America, Citigroup, Deutsche Bank and 15 others, saying they cost the city untold sums by manipulating LIBOR.
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The Capone Moment: Could LIBOR Fracture the International Banking Cartel?
Regulators' complicity in the LIBOR rate-rigging scandal is a weak point for the global banking cartel—which, like Al Capone's network of gangsters, may finally be on the way out.
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Revealed: Hundreds of Former SEC Employees Representing Clients Before Agency
Hundreds of former SEC officials are representing clients before the agency, sometimes helping them score significant regulatory victories - among them UBS and JPMorgan Chase.
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Biting the Hand That Fed Them, Wall Street Banks Abandon Obama
In contrast to 2008, when Wall Street's biggest financial firms donated heavily to elect Barack Obama, this year just one Wall Street bank, Wells Fargo, is listed among Obama’s top 20 largest donors.
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Foreclosure Victim Sues Big Banks Over Libor Manipulation
A retiree who lost her home to foreclosure has filed a class-action lawsuit against 12 banks for allegedly manipulating Libor.
